Immigration moves back into negative

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The Australian Bureau of Statistics (ABS) has released Overseas Arrivals and Departures data for July 2021, which suggests net migration into Australia moved back into negative.

There were a net 3,130 permanent & long-term departures in July, which followed June’s 2,540 net arrivals.

Still, over the July quarter, there were 2,890 net permanent & long-term arrivals:

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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.