Immigration in Australia reaches a record high in 2018

The pace of population growth in Australia at 1.6% is the highest in the developed world. It is double that of the US and the UK. The ABS (Australian Bureau of Statistics) had forecasted that the population of Australia would reach between 23 and 26 million by 2051. However, Australia crossed the 25 million mark in August last year. As per figures released by ABS, immigration in Australia has reached a record high in 2018. There were 832,560 Permanent Residents in Australia in 2018. This was a 7.1% increase as compared to 2017. The intake in 2017 was 539,000. The immigration intake has been the highest in 4 and a half years at 291,250, as per Neos Kosmos. As per the latest ABS data, in 2016, 27% of the temporary residents in Australia were living in Sydney. 24% of them were living in Melbourne while 14% lived in Brisbane. The figures were released by ABS after announced by PM Scott Morrison on cutting down immigration numbers. However, Mr Morrison also stressed that population growth has been instrumental to the economic success of Australia. Y-Axis offers a wide range of visa services and products for aspiring overseas immigrants including General skilled migration – Subclass 189 /190/489 with RMA review, General skilled migration – Subclass 189 /190/489, Work Visa for Australia, and Business Visa for Australia. We work with Registered Migration Agents in Australia. If you are looking to Visit, Study, Work, Invest or Migrate to Australia, talk to Y-Axis, the World’s No.1 Immigration & Visa Consultant. If you found this blog engaging, you may also like… Latest update on the Subclass 489 Visa of NSW...