I noted earlier this week how net overseas migration continues to run hot, despite moderating somewhat from last year’s peak.
Over the first eight months of 2024, Australia received a record 358,964 net permanent and long-term arrivals. This was about 5,000 higher than last year’s record arrivals and 115,500 higher than the same period in 2019:
![Net long-term arrivals](https://api.macrobusiness.com.au/wp-content/uploads/2024/10/Net-permanent-arrivals.png)
The Institute of Public Affairs (IPA) has created the following chart showing August year-to-date net permanent and long-term arrivals dating back to 1978:
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![Net-permanent and long-term arrivals](https://api.macrobusiness.com.au/wp-content/uploads/2024/10/Net-permanent-and-long-term-arrivals.png)