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The rise of One Nation has finally caused the Albanese Labor government to pivot on immigration.
Home Affairs Minister Tony Burke has already implemented several unannounced measures aimed at reducing net overseas migration (NOM), including:
- A 24% increase in visa application fees (effective July 1), raising $1.2 billion more than expected.
- Two ministerial directives prioritising onshore over offshore applicants for skilled and family visas — effectively slowing offshore arrivals.
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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.
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