AFR today -
A sharp fall in net migration combined with high unemployment numbers will deal serious blows to the country's housing market, analysts say.
Buried in the assumptions of the July economic and fiscal update is the forecast that migration – for decades a key driver for the nation's economy – will fall from 232,000 in 2018-19 to just 31,000 in 2020-21 as a result of the ban on international arrivals imposed earlier this year.
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- Property in uncharted waters as migration dives
Property in uncharted waters as migration dives
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