Budget 2026: The migration surge, the crackdown, and the housing link
Read full article here: https://www.news.com.au/finance/economy/federal-budget/tax-bombshell-albo-to-ban-negative-gearing-for-aussies-unless-they-buy-a-new-build/news-story/c6fa252e35fae089d99ead90cfe68e48
Australia’s population is set to grow by another one million people over the next four years, as the Federal Budget reveals migration numbers higher than expected. The government is now targeting backpacker visas in a bid to slow arrivals, while fast-tracking skilled tradies to help ease workforce shortages. The migration surge is also reigniting debate over housing affordability and the cost of living.
