Australia’s net immigration is forecast to have totalled 168,000 in the year to 30 June, compared with 239,600 in the previous calendar year.
Prime Minister Scott Morrison has indicated that COVID-19 restrictions may see net immigration fall to only 36,000 in 2020-21. This would result in the nation’s annual population growth falling to 0.7 per cent, its lowest level in more than a century.
As usual, economists are scaremongering that these lower levels of immigration will smash the Aussie economy:
