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Australia to Cut Number of Migrants Under New Population Plan

  • Some immigrants will be required to live out of major cities
  • Restrictions come amid over-burderned infrastructure concern
Bloomberg business news
Bloomberg’s Jason Scott explains why Australia’s government plans to cut its cap on migration.(Source: Bloomberg)

Australia will cut its cap on migration by 15 percent and issue new visas that require some skilled workers to live in regional areas, in a population plan Prime Minister Scott Morrison says is needed to alleviate pressure on big cities.

The nation’s annual migration ceiling will be reduced from 190,000 places to 160,000 -- a figure in-line with 2017-18’s 12-month intake, which was the lowest level in a decade. As many as 23,000 people will need to live and work in regional Australia for three years before being able to access permanent residence.