Immigration continues to fall

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By Leith van Onselen

Last week while I was on leave, the Australian Bureau of Statistics (ABS) released visitor arrivals and departures data for the month of August, which registered another significant fall in net long-term and permanent migration into Australia.

In the year to August 2014, there were 727,350 permanent and long-term arrivals into Australia – down from the record 792,500 arrivals set in the year to January 2013 – partly offset by 383,170 permanent and long-term departures from Australia (see next chart).

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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