Dr Chalmers said it was reasonable to expect migration to be higher given extreme labour shortages were creating strong pull factors.
Treasurer Jim Chalmers says the 235,000 increase in net overseas migration forecast in the October budget is likely to be wrong, with the real figure expected to be much higher after a strong rebound in arrivals.
“It is a reasonable assumption the number that’s printed in the budget for [2022-23] may be higher than 235,000,” the Treasurer said, though he added the final estimate would not be known for some time. Second, the Immigration Department was well behind delivering the 195,000 visas for 2022-23 on a pro rata monthly basis.
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