One Nation promises to make more people leave Australia than arrive
One Nation's economic team says cutting 766,000 temporary migrants would lower rent rises by 6.5 per cent over three years.
If One Nation wins government, Pauline Hanson promises three years of more people leaving than arriving. Extended periods when more people left Australia than arrived have only happened in wars, pandemics and economic collapses.
Australia has never done this on purpose, and economist Mark Cully calls such a policy unprecedented. One Nation's economic team says cutting 766,000 temporary migrants would lower rent rises by 6.5 per cent over three years.
The party says the average renter would save $54 a week after three years. Peter Tulip, a co-author of that Reserve Bank research, says the forecasts were not implausible and unreasonable.
Tulip warns the country would be worse off, with a big hit to university exports and government revenue. Cully says he can't see how three or more years of more people leaving would mean anything other than a prolonged economic slump.
- 766,000 over three years
- Temporary migrants cut
- 6.5 per cent total
- Claimed rent inflation cut
- $54 a week after three years
- Average renter saving
Why it mattersThe plan offers a claimed $54 a week rent saving but experts warn it could bring an economic slump.
AustraliaIf One Nation wins government, cuts would hit temporary visa holders, who work in pubs, hospitals and aged care.
✓ Claims checked against the source and corrected before publish. checked 1 h ago
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