Immigration stuck around 9-year lows
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The Australian Bureau of Statistics (ABS) has released visitor arrivals and departures data for the month of August, which registered a reduction in annual immigration to around a 9-year low.
In the year to August 2016, there were 695,330 permanent and long-term arrivals into Australia – up 2% from August 2015 but well down from the record 792,500 arrivals set in the year to January 2013 – partly offset by 428,910 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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