Australia reducing net migration to 225,000 annually
The government is implementing changes to reduce net overseas migration to 225,000 per year to allow housing supply to catch up with demand. This affects skilled migration and temporary visa programs.
Official source ↗The Minister for Home Affairs and Immigration has announced policy changes aimed at reducing net overseas migration to 225,000 annually. The government states it is already tracking towards this target based on recent migration figures. The changes are being made to help address housing shortages by giving housing supply time to catch up with population growth. While the housing shortage isn't caused by migration alone, reducing migration numbers temporarily is seen as necessary. The Minister indicated that additional legislation may provide more tools to make these changes more targeted and economically effective, though the announced changes alone are expected to achieve the target. According to Home Affairs, Australia remains built on migration and immigration is described as a strength, but the current approach is to moderate numbers temporarily. Visa applicants should monitor official Home Affairs announcements for specific details on how these changes may affect individual visa programs and processing.