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Economy

Australia weighs the costs of the coming population boom

'Lucky country' worries that high immigration will compromise its lifestyle

People take pictures of themselves in front of the Sydney Opera House.   © Reuters

MELBOURNE -- A report on housing affordability by a prominent Australian think tank has rekindled debate on population size and quality of life in a country whose large migrant intake has resulted in the fastest-growing population in the developed world.

In its report, titled "Re-imagining the Australian Dream," the Grattan Institute said Sunday the government should establish a formal population policy, while suggesting immigration might have to be curbed to control housing prices.

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