Original article by Jack Quail
The Australian – Page: 6 : 8-Oct-24

The federal government’s budget papers in May had forecast that the net migrant intake would be just 395,000 in 2023-24, compared with 518,000 in 2022-23. However, former bureaucrat Abul Rizvi expects the final figure for 2023-24 to be around 450,000; he adds that it could potentially be as high as 475,000. Saul Eslake from Corinna Economic Advisory has emphasised the need to focus on quality rather than just quantity with regard to the migration intake. Meanwhile, Rizvi says the government’s net migrant target of just 260,000 for 2024-25 is also likely to be exceeded unless there is a significant downturn in the labour market.

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