Australia news live: $80bn budget hit from interest rates rises; VCE results go live

10 months ago 45

The Myefo released this week will show higher interest rates will cost the budget tens of billions of dollars in coming years. Follow the day’s news live

Home affairs minister Clare O’Neil spoke to ABC RN just earlier about the Albanese government’s new 10-year temporary migration strategy, due to be released today.

As reported by Amy Remeikis, the government will raise the bar for international students and some workers to get a visa and as it seeks to overhaul what it says is Australia’s “broken” temporary migration program.

The overall mix of our migration program at the moment is not delivering for the country. And by that, I mean it’s really hard to get those high skilled workers that we desperately need here, but we’ve made it much too easy for people to use side door and backdoor entries into our workforce. And the primary way that is happening at the moment is through international education.

We need to fix that immediately, and the way that we’re doing that is making sure that we are lifting standards for international students and ensuring that they’re actually here to study and not to work. This is critical to restoring integrity and trust in the system.

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