NOV 0.00% 5.0¢ novatti group limited

I note today the press reports immigration levels to be back to...

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    I note today the press reports immigration levels to be back to pre-covid soon led by Student numbers.

    Todays Australian

    "The rapid increase (in Australia's migration rate) is being turbocharged by the return of international students, many of them Chinese, since the lifting of Covid travel restrictions in December 2021.The federal government’s 2022 Population Statement, to be released on Friday, notes net overseas migration is “forecast to reach the pre-pandemic trend of 235,000 (people) from 2022-23 and remain at that level thereafter”.

    I remind all that student immigration is what Novatti originally built the business on. Further Novattis International Bank of Australia's target market are students. Bring it all on!
 
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