Australian immigration swings back into negative

Recall that the Morrison Government in late November announced its intention to import at least 200,000 migrant workers into Australia by July 2022:

“We are working on a figure of 200,000, it may well be more than that but we will be actively looking to bring as many people into Australia as soon as we possibly canKaren Andrews, 22 November 2021.

Today, the ABS released overseas arrivals and departures data for March, which revealed that a net 21,850 permanent and long-term arrivals departed Australia over the month, causing a quarterly decline of 260 migrants:

Quarterly migrant arrivals

Over the year to March 2022, there were only 7,200 net long-term migrant arrivals:

Annual migrant arrivals

As illustrated below, the ABS’ monthly permanent and long-term arrivals data correlates strongly with the official quarterly net overseas migration (NOM) figures, which are only current to September 2021:

Australian net overseas migration

Clearly, the federal government’s mass immigration reboot is failing to launch.

Unconventional Economist

Comments

    • pfh007.comMEMBER

      A while is probably a few minutes after the election on 21 May 2022.

      Expect the gates to open wide once democracy is out of the way.

  1. And why would they!! They’d be leaving a country that that has some characteristics of a developed market but is not yet a fully developed market to arrive at another country that has some characteristics of a developed market but are is yet a fully developed market

  2. So, the Real World is telling the Australian Treasury, your stupid Economic Model isn’t working. Therefore, Treasury will implement increasingly desperate measures, to adjust the Real World to fit the Economic Model.

    By which I mean, Australia will increasingly raid the third world, for anyone at all with a pulse. if that doesn’t work, expect increasingly lavish migrant subsidies and kickbacks. Could be a job for Reichsmarschall Rizvi.

  3. Display NameMEMBER

    Surprised. Before I departed for a regional area, the flight path over my Petersham address was ramping up significantly. Do businesses even know how to train people anymore?

  4. Camden HavenMEMBER

    So how will the state debts be rolled over with a shrinking tax base? Victorian government debt is unpayable. Only asset left to sell is water and sewer.

    • The debt was accumulated in the first place by having to provide infrastructure for an exploding population. Bringing more people in will only make the problem much worse.

  5. Just wait til Labor gets in and grants all the temporary visa holders permanent residence and then opens the floodgates. The media must know about otherwise surely they would have asked them about their policy.

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