An Island Of Strangers?

The latest data from the ABS on Overseas Arrivals and Departures, in Australia revealed that the fall in Australian net overseas migration may have stalled and started to reverse. Of course high migration puts pressure on home prices, stoking demand for rental property as well, and also paves a path to lower wages for some, which business supports, of course, and the Treasury welcomes more people to pay more tax. The ABS Population Clock suggests that Australia’s population has risen by 8.7 million this century as of May 2025, a 46% increase. The 2024 Population Statement from Treasury’s Centre for […]