Australian Immigration Daily News

A big change is looming for Australians, with already frustrated renters expected to be hit the hardest.

More than 700,000 people are expected to move to Australia by the end of next year, adding to the squeeze on the nation’s already very tight rental market.

Tuesday’s budget is forecasting 400,000 people will have migrated to Australia by the end of this financial year and another 315,000 people will have moved here by the end of 2024.

Budget papers note the higher forecast for net overseas migration is largely driven by fewer temporary migrants departing Australia than usual, rather than a greater number of people arriving.

Source: https://www.news.com.au/finance/economy/federal-budget/more-than-700000-migrants-will-flock-to-australia-by-the-end-of-next-year/news-story/808b6c7883b6e24639bb2c1779c89e38 and

https://www.dailymail.co.uk/news/article-12062979/Federal-Budget-2023-Australians-flee-Sydney-droves-1-5million-migrants-immigration-visa.html

If you are a Registered Migration Agent or Lawyer and would like to attend a one-off online event which covers off the changes, it is on tomorrow at 9AM (Sydney time) with Immigration Lawyer, Arnela Tolic - 1 hour and 1 CPD/CLE point.  Book here: https://legaltrainingaustralia.com/webinar-cpd/