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The Guardian - AU
The Guardian - AU
World
Josh Nicholas

Australia’s immigration spike not necessarily driving up housing prices, experts say

A for lease sign on a inner-city house
Researchers say there is no ‘conclusive evidence’ on how migration is affecting inflation and and the housing market in Australia. Photograph: James Ross/AAP

The Australian government will change the rules on some visas to curb temporary migration numbers and overhaul what it calls a “broken” migration program. But experts say immigration was already predicted to return to the long-term trend and the effect of migration on jobs and housing is unclear.

Net overseas migration – the difference between the number of arrivals and departures from Australia – has boomed since international borders reopened in 2022. Net overseas migration accounted for more than 80% of population growth in the year to March, with arrivals alone up more than 100% on the year before.

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