Immigration moves further into positive

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The Australian Bureau of Statistics (ABS) has released Overseas Arrivals and Departures data for June 2021, which confirmed that net migration into Australia has moved further back into positive.

There were a net 2,540 permanent & long-term arrivals in June, which followed May’s 3,480 net arrivals:

Net long-term arrivals

Back into positive.

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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.