The Australian Bureau of Statistics (ABS) has released visitor arrivals and departures data for the month of January, which posted record annual permanent and long-term arrivals.
In the year to January 2019, there were 835,310 permanent and long-term arrivals into Australia – up 6% from January 2018 and an all-time high. This was partly offset by 546,310 permanent and long-term departures from Australia:
Put together, there were 289,000 net permanent and long-term arrivals into Australia in the year to January 2019, way above the 42-year average of 154,249:
While the ABS is at pains to state that “permanent and long-term movements… are not an appropriate source of migration statistics”, since they relate to the intention of passengers arriving, not actual outcomes (measured using the 12/16 rule), there is a strong correlation between this series and the ABS’ official quarterly net overseas migration (NOM) estimates:
Given the strong rise in net permanent and long-term arrivals over the second half of 2018, there’s a strong likelihood that ABS’ NOM estimate for September 2018 will jump when it is released on Thursday.