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The Australian Bureau of Statistics (ABS) yesterday released its short-term visitor arrivals and departures data for November.
The number of short-term arrivals rose by 1.7% in the year to November, whereas short-term resident departures rose by 2.3%. The ratio of annual arrivals to departures remained at 81.4%:
Net short-term arrivals also remained heavily in deficit:
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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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