People travelling to Australia on a visitor visa will be banned from applying for a student visa under new restrictions designed to fix loopholes in the country’s migration system. As of July 1, the federal government will move to restrict ‘visa hopping’ by banning foreigners on visitor visas from applyingContinue Reading
Labor Party stalwart Doug Cameron has unleashed on governments responsible for decades of poor policy decisions that have “failed the nation”, resulting in a dire housing crisis. And he called on powerbrokers in Canberra to ignore “scare campaigns by vested interests” to reform controversial tax perks like negative gearing andContinue Reading
The opposition’s plans to ban foreign investors from purchasing existing properties would do little to solve Australia’s housing crisis, according to Labor frontbencher Bill Shorten. Opposition Leader Peter Dutton inflamed a political debate over the housing crisis after vowing to slash permanent migration numbers by 25 per cent and banContinue Reading
Australia’s permanent migration program would be slashed to just 140,000 per year should the Coalition form government at the next election, Opposition Leader Peter Dutton announced in a pledge to “restore the Australian dream” of home ownership. As the country grapples with an acute housing shortage, spurring prices for homesContinue Reading
The Coalition’s budget reply speech is set to focus on addressing the cost-of-living crisis and attacking Labor on high migration numbers. Opposition Leader Peter Dutton, who believes Anthony Albanese could call an election within months, will use his speech on Thursday night to make a pitch to voters. The PrimeContinue Reading
The number of international students universities can enrol will be tied to their construction of suitable accommodation under a major immigration crackdown by the federal government. Labor is under pressure to assure voters it can halve the net overseas migration intake from a record 528,000 last year to a promisedContinue Reading
The government has gone all-in on its strategy to solve the crippling housing crisis, upping its bet on a long-term fix over short-term relief. Tuesday’s budget includes $6.2 billion of additional spending for new measures to boost housing supply via social housing investment, infrastructure improvement, and student accommodation. It addsContinue Reading
Australia is being urged to follow the lead of New Zealand in dramatically slashing the country’s migrant intake and tightening rules surrounding sought-after visas. Four months after coming to power, the coalition government across the ditch has taken steps to address “unsustainable” levels of immigration, after a near-record high ofContinue Reading
Stark forecasts for home prices across the country are tipping mammoth growth in the next three years, according to a leading economics firm. House prices in Sydney are predicted to reach an average of nearly $2 million by 2027, thanks to anticipated rate cuts and a supply shortage, research byContinue Reading
Australia’s record immigration intake is largely being fuelled by an unprecedented influx of international students, which universities claim are Australia’s fourth-biggest “export” bringing in $40 billion a year. But some experts have long questioned that figure, produced by the Australian Bureau of Statistics (ABS), arguing it does not take intoContinue Reading