Tag Archives: JimChalmers

POLITICS

Treasurer Warns of Billion-Dollar Loss from Migration Cut Proposal

Posted on by The Esbec Team
Treasurer Warns of Billion-Dollar Loss from Migration Cut Proposal

Opposition Leader Peter Dutton says a Coalition government would cut Australia’s permanent migration intake of 185,000 by 25 per cent. Picture: Martin Ollman/NCA NewsWire.
19
May

Treasurer Jim Chalmers has cautioned that the Australian economy could suffer a significant blow if Opposition Leader Peter Dutton’s plan to reduce migration by 25% is implemented. During his budget reply speech on Thursday, Dutton proposed a migration crackdown and a limit on foreign property investment as a solution to the housing supply crisis. The […]

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