Cut international student numbers or rental crisis will worsen

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David McCloskey and Bob Birrell from the Australian Population Research Institute (TAPRI) have released a report examining the impact of international students on the nation’s rental market.

The authors claim that the Albanese government has “backtracked” on its commitment to reduce student numbers “in response to a backlash from the overseas student industry”.

“Labor changed course during 2024. It jettisoned its restrictive visa policy”, the report says.

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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.