Why the Albanese government is desperate to cut immigration, and why international students are the government’s political quick fix for housing shortages

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 90%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

There are many reasons for Australia’s inadequate housing supply, but a population jumping by 2.5 per cent a year obviously compounds the immediate problem.

Already a subscriber?The latest figures showing surging immigration of 550,000 last financial year also reveal why the Albanese government is scrambling to cut numbers as fast as it can.

Nor do the immigration numbers suggest the government is on track to its promise to curb net overseas immigration to 375,000 this financial year and 260,000 next financial year. Dutton is confident this blunt message is registering with voters – just as similar warnings on immigration levels from conservative politicians in the US and Europe are getting traction. Many communities increasingly consider any boost to overall economic growth created by high immigration comes at too much of a social cost.

None of this addresses the sudden hole in university budgets that had been artificially sustained by ultimately unsustainable numbers. The federal government started its crackdown on international student numbers late last year, including introducing tougher English-language requirements and a “genuine student” test. Bans were announced on education agents working on generous commissions to attract students to low-quality courses.said he would cap overseas student numbers from next year by reaching agreements with all 1400 universities and colleges registered to teach them.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in PROPERTY

Property Property Latest News, Property Property Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Albanese’s tenant doubles down as PM reveals why he issued eviction noticePrime Minister Anthony Albanese has revealed the real reason why the tenant at his Dulwich Hill property was handed an eviction notice, as the small business owner doubled down on his complaint.
Source: SkyNewsAust - 🏆 7. / 78 Read more »