Visa figures surge anew
The number of temporary visa holders in Australia rose to a new record high of above 2.9 million in the September 2025 quarter, to be 4 per cent higher than a year earlier.
For some context, 4 years earlier the number had plummeted to just 1.64 million during the pandemic.
No wonder the rental markets are so tight!
International student visa numbers are down by around 40,000 from a year earlier as rules and costs have tightened.
However, the difference has more than been made up by increases in other visa classes, including bridging visas, in particular to Indian applicants.
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It seems as though the "unlimited lending" via trust structures was a short-lived social media trend.
Macquarie Bank has paused all mortgage lending to trusts and companies, while other lenders have made significant rule changes to clamp down on risky lending in the space.
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In other news, Toronto’s office occupancy rate rose to another record high this month, as the unemployment rate in Canada remained stubbornly high at above 7 per cent.
Higher unemployment and return to office mandates have seen office occupancy rates return from near zero during the pandemic to record heights.
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