Australian immigration rockets to new record high

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The Australian Bureau of Statistics (ABS) on Tuesday released data on permanent and long-term arrivals, which broke new records.

Over the June quarter, a net 104,020 permanent and long-term arrivals landed in Australia, which was the third-highest quarterly intake on record:

Quarterly net long-term arrivals into Australia

The annual number of net permanent and long-term arrivals hit an all-time high 399,550 over the year to July:

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Annual net long-term arrivals into Australia

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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.