On the back of the Productivity Commission’s proposed price-based immigration system, New South Wales Senator David Leyonhjelm has urged Australians to change the way we see migrants.

“Once upon a time we had ‘£10 Poms’, but in future we could have £10,000 Poms,” Senator Leyonhjelm said.

He sees the priced-based immigration system as a revolutionary idea that requires a change in the way that we see migrants — not as charity cases, but as contributors to Australia.

Mr Leyonhjelm says we could see the start of an international auction system for potential migrants.

He wants the cap on migrant intake lifted.

“The only reason for knocking people back should be for security or health reasons,” Senator Leyonhjelm said.

A final report by the Productivity Commission will be released in March 2016.

This will provide full detail on the governments’ economic migration model.

Originally posted as Financial migration model for a better economy.

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