As Australia emerges from COVID’s clutches, the ABS’s recently released statistics on migration, shows the return of international students and working holidaymakers producing a sharper rise in migrants than the ‘Big Australia’ era of 2008-09. Australia is set to experience the biggest two-year population surge in its history, with an extra 650,000 migrants this financial year, driving a 900,000 jump in the number of residents. The Budget is six weeks away and Treasury officials are adjusting the fiscal statement’s economic forecasts to reflect the surprise population boom.
12 сен 2024