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The record turbo immigration is contributing to the havoc within the housing market. Rentals are close to impossible to find in most cities. At least affordable non rip off rents.
Yet still overseas investors, namely Chinese for a large part, can purchase Australian properties. Canada has stopped this abuse , meaning ever more turning to Australia.
I could say more about that, but best not and focus the blame onto the governments continued allowance of this.
ever more Australians are enduring homelessness, sleeping in cars or paying exurbanite rent increases to maintain a roof over their heads.
It not just the foreigners that buy Australian properties that makes houses much more expensive, but also many locals buy local properties and use them for Airbnbs in places close the CBD, the Coastal areas and Blue Mountains, especially in heavily tourist areas and it puts a big strain on people looking for rent for a house and it also really increases the rental and house affordability.
I agree there is a big shortage of workers in some industries. I have very much been impacted on it. Immigration should only be targeted to fill in areas where there is a big shortage of workers, and not just in the cities but regional areas.
OF course, Australia population growth is modest, and if there was no immigration Australia population will certainly decline because the birth rates have for many years been below replacement levels. On the other hand Australia northern neighbors population (Indonesia, Malaysia, Philippines, PNG, Soloman Islands, India, Pakistan and Bangladesh, Nepal population is certainly increasing because the birth rates are higher
Only if they are new. I'd have no issue with banning that though.
I am inclined to agree with most of what you're saying, troubes. There are far too many people coming into this country. Running a glorified visa system through the auspices of university is not that way forward. It seems at this point we're just importing millions of Indian Deliveroo riders and not much else. I'm pretty certain the migration program that has worked for the last 25 or so years is about to come under a lot more scrutiny from the public because there are just too many people coming into basically two cities.
I have no issue with migration, but running a 500k/year system is getting well beyond normal. This is a country of 25m people not 250m. And yeah, I'm not really interested in living New New Delhi or New Shanghai which is what is happening quite rapidly right now.
From the article below, the net migrant number for 2022 was only >300k.
Not that much, if comparing to what Canada took in for the same year.
The trend is not going to stop. What one can do is to build up one's equity early. Start small with a small apartment, gradually a bigger one, a townhouse, a duplex, a single house, and so on. And pick up DIY skills.
Yes, but gross it's pushing 500k. The powers that be prefer to talk in net terms because it's a smaller number.
Over all the immigration is lower than predicted before Covid:
But the country’s net intake will still be significantly under levels predicted before COVID-19 arrived on its shores, prompting a sudden halt to overseas arrivals.
Unveiling the long-awaited migration review on Thursday, Home Affairs Minister Clare O’Neil called for a major overhaul of Australia’s approach to immigration and insisted she was not advocating for a “big Australia”.
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But figures provided to SBS News and discussed at National Cabinet on Friday show a two-year acceleration in net migration well above initial estimates, before a period of stabilisation.
The net overseas migration (NOM) is still set to be 315,000 lower this year than predicted in 2019-20, and is not expected to catch up to pre-pandemic estimates until 2030.https://www.sbs.com.au/news/article/...turn/fybtrn1nx
BTW there is less international students now than pre covid too.
Australian institutions enrolled 619,370 foreign students in 2022. This is up 8% over 2021 but is down 18% since 2019.
Commencements (first-time enrolments in Australian programmes) grew by 39% y-o-y but were 23% lower than in 2019. Fewer new Chinese students depressed commencement volumes: there were 39% fewer Chinese students in 2022 than in 2019. In 2022, India displaced China as the largest source of commencements.https://monitor.icef.com/2023/04/int...ndemic-levels/
BTW I have noticed a lot less Chinese tourists around too compared to pre covid.
From the article below, the net migrant number for 2022 was only >300k.
Not that much, if comparing to what Canada took in for the same year.
The trend is not going to stop. What one can do is to build up one's equity early. Start small with a small apartment, gradually a bigger one, a townhouse, a duplex, a single house, and so on. And pick up DIY skills.
Canada has a substantial larger population. But no matter they experienced the same shortfalls as a result of their turbo immigration.
The trend would stop if it became the issue it deserves. No political party will challenge the status quo. The Greens have the most odd policy in being supportive of the unneeded turbo intake.
I suppose one could start by living in a tent and work up the rankings . No need to suffer a living standard decline due to this.
The likely outcome will be ever more renters and daft, costly schemes by government attempting to get people into housing of some sort at the cost of the rest.
Over all the immigration is lower than predicted before Covid:
But the country’s net intake will still be significantly under levels predicted before COVID-19 arrived on its shores, prompting a sudden halt to overseas arrivals.
Unveiling the long-awaited migration review on Thursday, Home Affairs Minister Clare O’Neil called for a major overhaul of Australia’s approach to immigration and insisted she was not advocating for a “big Australia”.
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But figures provided to SBS News and discussed at National Cabinet on Friday show a two-year acceleration in net migration well above initial estimates, before a period of stabilisation.
The net overseas migration (NOM) is still set to be 315,000 lower this year than predicted in 2019-20, and is not expected to catch up to pre-pandemic estimates until 2030.https://www.sbs.com.au/news/article/...turn/fybtrn1nx
BTW there is less international students now than pre covid too.
Australian institutions enrolled 619,370 foreign students in 2022. This is up 8% over 2021 but is down 18% since 2019.
Commencements (first-time enrolments in Australian programmes) grew by 39% y-o-y but were 23% lower than in 2019. Fewer new Chinese students depressed commencement volumes: there were 39% fewer Chinese students in 2022 than in 2019. In 2022, India displaced China as the largest source of commencements.https://monitor.icef.com/2023/04/int...ndemic-levels/
BTW I have noticed a lot less Chinese tourists around too compared to pre covid.
Immigration is only lower because it was paused. They are attempting to make up lost ground. There are far more Chinese students and migrants around Perth since the pandemic.
What is happening is that both International Students as well as Backpackers will be able to remain with ever greater ease . Education should not , in the main be a vehicle to migrate to Australia.
Same as the equalization of degrees from India. The top Indian university in the 400+ world total in measurement I believe.
Australia's from it's very beginning as a developed nation has relied on immigrants and continues to do so until this day. This will not change anytime soon. Australia will one day have 50+ Million people perhaps even before the end of this century
Australia's from it's very beginning as a developed nation has relied on immigrants and continues to do so until this day. This will not change anytime soon. Australia will one day have 50+ Million people perhaps even before the end of this century
It's pretty easy to get to 50 million by the end of the century. You're talking about a population growth rate ~0.80%.
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