EconomyWould slashing migration tank Australia’s economy or reset living standards? Canada may offer clues

Australia is debating whether sharply reducing net overseas migration would damage the economy or restore living standards. Pauline Hanson’s party wants to cut temporary migrants by more than 750,000 over three years, while Labor supports a higher long-term target. Canada has reduced temporary migration and seen population growth slow to 0.5%; analysts say employment may fall as the economy adjusts, but it remains resilient rather than broken.

Australia migrationCanada economypopulation growthliving standards

TThe Guardian★★★☆☆2026-10-04 14:00Original