Labor oversees massive rise in student asylum seekers

The latest temporary visa statistics from the Department of Home Affairs revealed 2,463,600 temporary visa holders in Australia, excluding visitors, as of 30 September 2024.

This was a record for the September quarter, representing a 163,600 increase over the same period in 2023. There were also roughly 500,000 more temporary visas on issue in Australia than in September 2019, prior to the pandemic.

As Justin Fabo of Antipodean Macro shows below, September also set a new record for temporary migration in seasonally adjusted terms.

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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.