Australia has too many temporary migrants

Monday 4 August 2025

Canada experienced a boom in temporary migrants over recent years, which helped drive up rental inflation to astonishing levels.

Source: Ben Rabidoux

As a result, temporary migrants hit a record 7% share of Canada’s population in mid-2024, which the government has promised to reduce to 5% by the end of 2027.

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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.