The record migration that has driven a sharp rise in rents may have peaked, with the number of foreign visa holders expected to decline by more than 160,000 in coming months as visas expire, and stricter rules cut the number of new arrivals.
Temporary migration hit historic highs of close to 500,000 over the past 12 months as international students and backpackers returned en masse following two years of closed borders.
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Julie Hare is the Education editor. She has more than 20 years’ experience as a writer, journalist and editor. Connect with Julie on Twitter. Email Julie at julie.hare@afr.com
