Dumb Labor doubles elderly parent visas

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According to SBS Punjabi, the Albanese Government has nearly doubled the number of parental visas that will be handed out in 2022-23, from 4500 places to 8500 places:

Providing more parent visas

With an increase of 4000 allocations, the Government will almost double the parent visas by increasing the number from 4500 in 2021-22 to 8500 this year.

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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.