Immigration into Australia continues to moderate
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The Australian Bureau of Statistics (ABS) has released visitor arrivals and departures data for the month of January, which registered another small decrease in annual immigration; although it remains at turbo-charged levels.
In the year to January 2016, there were 716,350 permanent and long-term arrivals into Australia – up 6% from January 2016 but well down from the record 792,500 arrivals set in the year to January 2013 – partly offset by 452,740permanent 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.