In the latest Australian Immigration News, the government has announced a new strategy that could potentially halve its migrant intake over the next two years. The government aims to overhaul what it describes as a “broken” migration system.
Tightening of Visa Rules
Under the new policies, international students would need to secure higher ratings on English tests and there would be more scrutiny on a student’s second visa application that would prolong their stay. Home Affairs Minister Clare O’Neil stated, “Our strategy will bring migration numbers back to normal.” She emphasized that the changes are not just about numbers or the current experience of migration. “This is about Australia’s future,” she added.
Sustainable Migration
Prime Minister Anthony Albanese echoed these sentiments over the weekend, stating that Australia’s migration numbers needed to be wound back to a “sustainable level,” and acknowledging that “the system is broken.” O’Neil said the government’s targeted reforms were already putting downward pressure on net overseas migration and will further contribute to an expected decline in migrant numbers.
Impact on International Students
The decision comes after net immigration was expected to have peaked at a record 510,000 in 2022-23. Official data showed it was forecast to fall to about a quarter of a million in 2024-25 and 2025-26, roughly in line with pre-COVID levels. O’Neil noted that the increase in net overseas migration in 2022-23 was mostly driven by international students.
Economic Implications
Shares of IDP Education, which provides placement and education services to international students, were down more than 3% in afternoon trade. Australia had boosted its annual migration numbers last year to help businesses recruit staff to fill shortages after the COVID-19 pandemic brought strict border controls, keeping foreign students and workers out for nearly two years.
Public Opinion
However, the sudden influx of foreign workers and students has exacerbated pressure on an already tight rental market, with homelessness on the rise in the country. A survey done for the Sydney Morning Herald newspaper on Monday revealed that 62% of Australian voters believe the country’s migration intake is too high.
Future Plans
Long reliant on immigration to supply what is now one of the tightest labour markets in the world, Australia’s Labor government has pushed to speed up the entry of highly skilled workers and smooth their path to permanent residency. A new specialist visa for highly skilled workers will be set up with the processing time set at one week, helping businesses recruit top migrants amid tough competition with other developed economies.
This latest Australia news signifies a shift in the country’s approach to immigration, with a focus on sustainability and long-term planning. As the government implements these changes, the world will be watching to see the impact on Australia’s economy, society, and future.
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