Updated
Updated · POLITICO · Sep 22
Chalmers Calls 750,000 Visa Cuts Diabolical as Australia Eyes 39.3 Million Population by 2066
Updated
Updated · POLITICO · Sep 22

Chalmers Calls 750,000 Visa Cuts Diabolical as Australia Eyes 39.3 Million Population by 2066

2 articles · Updated · POLITICO · Sep 22

Summary

  • Jim Chalmers said deeper migration cuts would be “absolutely diabolical” for Australia, sharpening Labor’s pushback against right-wing plans to slash arrivals further.
  • 750,000 temporary visas over three years is One Nation’s target, while the Coalition wants cuts deeper than Labor’s and tied to housing construction amid pressure over tight housing supply.
  • Labor says net overseas migration is already being brought down from the post-Covid surge and will fall further toward more normal levels, but not so far that it worsens labor shortages.
  • 39.3 million is Australia’s latest population projection for 2065-66, down from 40.5 million previously forecast for 2062-63, as falling fertility raises the economic stakes of migration policy.

Insights

What happens to Australia's aging population if the drastic migration cuts demanded by political critics become a reality?
Could slashing temporary visas trigger an economic collapse, leaving essential industries like construction and aged care completely paralyzed?
Is migration actually to blame for Australia's housing crisis, or just a convenient scapegoat for decades of poor planning?