The Liberal leader, Angus Taylor, is set to deliver his first budget reply speech today, outlining a plan to directly link Australia's temporary immigration intake to the number of new homes built across the country. Under the proposed policy, housing completion figures would serve as a hard ceiling for overseas arrivals, effectively restricting immigration based on housing availability.
Immigration and Housing Plan
Taylor's proposal aims to address housing affordability by ensuring that immigration levels do not outpace the construction of new dwellings. The Coalition will use annual housing completion data to set a maximum cap on temporary migrants, including skilled workers and students. Critics argue that the policy could exacerbate labor shortages and harm economic growth, while supporters say it prioritizes local housing needs.
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What's Happening Today
- Business: Federal court judgment in ACCC v Coles over allegedly fake discounts.
- Politics: Angus Taylor delivers budget reply speech at 7:30 pm.
- Sport: Women's State of Origin game two.
