Angus Taylor says the Coalition would seek to cut net migration by 25% over three years, while Peter Dutton suggested after his budget reply it should shrink by 38%.Angus Taylor says the Coalition would seek to cut net migration by 25% over three years, while Peter Dutton suggested after his budget reply it should shrink by 38%.
Over following days, Dutton and the shadow home affairs minister, James Paterson, added that – in addition to cutting permanent migration – the Coalition also wanted to cut the net overseas migration rate from 260,000 to 160,000, a cut of 38%. Asked whether cutting net migration to 160,000 a year would plunge Australia into an actual recession, the shadow treasurer said the Coalition was “absolutely not against immigration” and claimed it would improve productivity relative to Labor.
“Permanent migration is part of that. So, too, is making sure that we have a sensible level of international students. “I am talking over the full years,” he said. “The position here is this: Peter’s already given you the permanent migration numbers and the overall number over the next couple of years. Over the coming years, over a term of government there will be a 25% reduction. That is the plan.
“Well, look, we think Australians deserve the opportunity to use their super for every possible investment that’s available and right now you have a situation where Australians can invest in anyone’s home except their own,” he replied.
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