CEDA: Australia must catch-up 600,000 “lost” migrants

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Business lobby, the Committee for Economic Development of Australia (CEDA), has long been a shill for the ‘Big Australia’ mass immigration policy, frequently releasing illogical and contradictory ‘research’ supporting the cause.

It has lodged a submission to the Jobs & Skills Summit calling for Australia to catch-up with 600,000 temporary migrants that will be “lost” since the pandemic:

Australia’s migration system has been playing catch-up since borders re-opened. Net overseas migration will not fully recover until 2024, a loss of over 600,000 people since the middle of 2020, 83 per cent of whom are generally of working age. Furthermore, the administrative visa backlog is significant blowing out waiting times and requiring substantial administrative effort to reverse this trend.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.