Explore the latest developments concerning Budget confirms stunning.
Immigration forecast upgraded as Labor revamps skilled visa test
The Albanese government says net overseas immigration will increase by 35,000 people in 2025-26, pushing back its return to pre-pandemic levels, because of lower rates of temporary migrants leaving Australia and higher rates of people moving here from New Zealand.
Gift 5 articles to anyone you choose each month when you subscribe.
Labor’s net migration figures blow out
The Albanese government's net overseas migration numbers have blown out for another consecutive year, according to new figures released in the federal budget.
The Albanese government has overshot its net overseas migration numbers, according to new figures released in the federal budget.
Australia will welcome 35,000 additional people in 2025-26 compared to the previous forecast, and an extra 20,000 in 2026-27 financial year.
The upward revisions mean that there will be a total net overseas migration of 1.2 million people between 2025 and 2030.
“NOM is forecast to be moderately higher than previously expected in 2025–26 and 2026–27,” Treasury said in the 2026-27 budget papers.
This was caused by migrants on temporary visas departing at “lower rates than in the past”, Treasury said.
FGCLSY 2024 New Gimbal Stabilizer Selfie Stick Wireless Foldable Tripod with Bluetooth Shutter Monopod for IOS Android
The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.
For more detailed information, explore updates concerning Budget confirms stunning.