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✉news BusinessEconomy first seen 9 h ago, last 9 min ago, peak #19

Canada's migration cuts offer lessons for Australia, debate grows

Original: Would slashing migration tank the economy or reset Australia’s living standards? Canada may offer clues

Australia is weighing a sharp cut to migration levels, with economists and commentators split on whether it would damage the economy or ease pressure on housing and living standards. Canada, which has already moved to reduce immigration targets after rapid population growth strained housing and services, is being examined as a possible guide to what Australia could expect from similar policies.

Why now: Migration levels are a live political issue in Australia, and Canada's recent policy shift provides a real-world test case for the likely effects of cutting intake.

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