Original article by Rhiannon Down
The Australian – Page: 5 : 26-Mar-25
The federal government’s budget papers show that net overseas migration is expected to fall over the forward estimates period. Net overseas migration peaked in 2022-23 following the re-opening of Australia’s international borders after the pandemic. The Treasury has forecast that annual net overseas migration will fall to 225,000 in 2026-27 and remain at a similar level in the following two financial years. The budget papers also reveal that managing unlawful non-citizens who were released from immigration detention in the wake of a High Court ruling will cost about $1.9bn in 2025-26.
CORPORATES
AUSTRALIA. DEPT OF THE TREASURY