Net long-term arrivals reaccelerate

Record arrivals into Oz

The ABS released the latest arrivals and departures figures for the month of April 2026.

There were more permanent and long-term arrivals than for the same month last year, and fewer departures.

As such, net permanent and long-term arrivals are now back at around all-time highs over the year to April 2026.

The ABS will release the next figures for net overseas migration on Thursday next week, which will show where the population is growing fastest. 

In other news, the oil price fell to a 2-month low on hopes an Iran peace deal (again).

To be fair, Brent crude oil prices do appear to be pricing for an end to the war as being imminent.

Australia's benchmark 3-year bond yield has pulled back significantly from above 4.8 per cent in March to around 4.4 per cent today.

More economists are now expecting the next month in interest rates to be down.

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