Australia politics live: Coalition promises to simplify construction code to help speed up housing builds
Policy comes as debate continues over causes of and solutions to housing issues. Follow today’s news live Get our breaking news email, free app or
Policy comes as debate continues over causes of and solutions to housing issues. Follow today’s news live Get our breaking news email, free app or daily news podcast Coalition promises to drastically cut net overseas migration The Coalition has promised to drop net overseas migration to under 180,000 a year over the forward estimates, including by cutting family and international student visas, as part of a push to open up more housing supply.
A NOM reduction on this scale is manageable and in line with reductions we have managed in recent history – for example in 2009-2010 when the NOM declined from 300,000 to 175,000 in around 18 months.
This will be achieved through a higher share of skilled migrant workers linked to jobs that meet Australian industry needs. This includes more reductions in
other streams like family, international students and other temporary migrants. Continue reading...
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