The Albanese government's immigration targets for the last financial year could be exceeded by as much as 100,000 people.
Corinna Economic Advisory's Saul Eslake forecast the 2023-23 financial year intake would be 495,000 people, 'if not more', reported The Australian.
The government had settled on a net overseas migration (NOM) intake target of 395,000 for the same period, down from 518,000 the previous year.
Abdul Rizvi, former immigration department deputy secretary, estimated the number would be around 450,000 to 475,000 people and added that Australia's robust jobs market was keeping people here and attracting those from overseas.
'Especially people in Europe and China and in Southeast Asia, where the labour market has weakened more quickly than in Australia,' Mr Rizvi said.
'What we had was a higher-than-expected return of Australian citizens, and we also had a higher-than-expected net arrival of Kiwis.'
The government has already revised their numbers twice.
In last year's May budget it forecast the number of foreigners moving to the country would drop to 315,000 in the 12 months to June under new measures it introduced - though this was revised to 375,000 in December and 395,000 earlier this year.
Opposition Leader Peter Dutton previously said the influx of new residents vying for places to live was why property prices remain at record highs.
'This is why Australians can't afford to buy a home, it's why the rents have gone through the roof and it's why we find ourselves in a position that we do today with people living without secure accommodation,' he said.
Minister for Employment Affairs Murray Watt said migration had slowed under the government's measures it had introduced progressively over the last two years.
'We recognise that we need to make sure that the numbers of migrants that we have coming to Australia is sustainable, and that's exactly why we've taken a range of actions to bring that number down,' he said.
Mr Eslake said the makeup of migrants coming to Australia was as important as the overall numbers and that the Coalition was correct to call for more construction workers to be allowed in.
Dozens of building companies have collapsed in recent months courtesy of a surge in material and labour costs.
It is one of the reasons the Master Builders Association estimates Australia will not meet a target of 1.2million new homes built over the next five years to ease the housing crisis.
Mr Rizvi said along with the nation's low unemployment rate - 4.1 per cent, compared to 6 per cent in the EU and 5.2 per cent in China - attracting new immigrants, there was also a slower-than-anticipated decline in foreign student numbers.
He also said the conditions for working holiday visa holders had 'not really tightened at all'.
'Arrivals have not declined as they [the government] expected, departures have not increased as they expected.'
Official immigration figures for the 12 months to July will not be released until later this year.
Looking ahead to the target for this financial year of a net overseas migration intake of 260,000 people, Mr Rizvi said it too would likely be well exceeded unless the government quickly introduced more measures.
NOM is the difference between arrivals to Australia and departures from Australia and includes both migrants and Australians.
Migrant arrivals to Australia are counted in NOM if they are in Australia for a total of 12 months or more during a 16-month period.
Temporary visa holders are the largest contributing group to migrant numbers and most temporary visa categories are demand-driven and not capped.
https://www.dailymail.co.uk/news/article-13934653/Australia-immigration-politics-Albanese.html
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Tuesday, October 8, 2024
Dire immigration warning as overseas arrivals soar in Australia
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