The government is downplaying concerns over a massive rush of 650,000 migrants across the next two years, but experts have delivered a grim warning of a “major problem” for most Australians.
Net overseas migration is set to be boosted to 350,000, a 50 per cent increase on forecasts in the October budget, according to a report inThe migrant surge will predominantly include international students, foreign workers and tourists and will likely break the two-year net migration record of 577,000 set in 2008-09.
“There is no doubt that we have pressure in our housing markets which is why the government is so focussed on getting our Housing Australia Future Fund through the Senate,” Mr Jones told Sky News Australia on Wednesday."We’re trying to do two things at once, building more houses and ensuring that we can deal with the Labor supply issues through immigration, through our massive boost in TAFE and skills training.
According to the latest CPI figures, rent prices increased by four per cent year-on-year while the Domain Rent Report found weekly rates had surged by up to 17 per cent in the December quarter. “The same here, everyone wants to come here and all we’re going to do is keep putting rents up which increases the inflation, which increases the interest rates, which then increases the rents it’s a major problem.”
The government’s claims for the need of more skilled migration have also been rubbished with concerns the surge of new migrants may not represent skilled workers.
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