net overseas migration

This month, the Albanese government has broken three records for poor economic management and declining living standards.The first of these records relates to Australia’s real household disposable income, which is arguably the single best…

“Ugly” building approvals data released on Wednesday suggest Australia’s housing crisis is set to continue as the country faces record low rental supply amid an unprecedented surge in immigration.Total dwelling approvals in September fell…

Outspoken tech executive Matt Barrie has blasted the Albanese government’s record high immigration intake as a “national disgrace” in a blistering speech to business leaders and bureaucrats.The Freelancer chief executive, speaking at The…

Jim Chalmers has accused Peter Dutton of playing divisive politics after the Opposition Leader aired concerns about the effect Australia’s short-term migration intake could have on the housing crisis.Speaking to reporters in Brisbane on…

While the nation hand-wrings over one of the worst housing shortages in history, buried in the appendix of Budget Paper 3 was the Federal Government’s official net overseas migration (NOM) forecast, which has been aggressively…

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.The Albanese government’s second budget handed down on Tuesday night is forecasting a…

Against the odds, Australian house prices are rising in the face of ongoing interest rate rises.PropTrack’s dwelling values index recorded a 0.2 per cent rise in February, which followed January’s 0.1 per cent increase.Based on the rebound…

It is hard to go anywhere without hearing about Australia’s rental crisis. And for good reason, with rents soaring at record double-digit rates across much of Australia on the back of record tight rental vacancies.Australia’s rental market…

So far, 2023 has seen the situation facing Australian households riddled with contradictions. On one hand the nation’s unemployment rate is sitting near its lowest level in almost 50 years. On the other, households are going backwards in…

Melbourne may have suffered a significant pandemic-prompted mass exodus, but new figures show it will become Australia’s largest city within a decade. New data from the Australian government’s centre for population shows Melbourne’s…