Immigration negative before ponzi relaunch

Thursday, 14 October 2021

Yesterday, the Australian Bureau of Statistics (ABS) released Overseas Arrivals and Departures data for August 2021, which suggests net migration into Australia remained firmly negative.

There was a net 5,260 permanent & long-term departures in August, which followed July’s 3,130 net departures.

Over the August quarter, there were 5,850 net permanent & long-term departures:

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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.