There has been a significant drop in Australia’s migrant intake this financial year so far, and the total numbers are expected to fall short of planned figures. The declining trend is continuing on from the last financial year, where overall visa approvals were down from the planned 190,000 to 183,000.
The migration program has been at a constant level (at 190,000) since 2012-13. Taking into account the actual permanent visas granted to 30 April 2018 of 138,086, it is estimated that the number of visas granted in total this 2017-18 financial year will likely be closer to 165,000. This is a significant drop from previous years and is the lowest in seven years.
The decrease is represented in most of the visa categories, however the drop is greatest in skilled independent and employer sponsored work visas.