Your take on the impact of visa restrictions by developed economies| Good, bad or ugly?

Australia’s determination to headdress planetary pupil enrolments astatine 270,000 for 2025 reflects a broader inclination among developed economies to bounds migration, mirroring caller actions by different countries.

Canada has besides introduced restrictions, reducing the stock of impermanent overseas workers from 6.2% to 5% implicit the adjacent 3 years and cutting planetary pupil visas by 35% for 2024.

Similarly, the UK has implemented visa restrictions for overseas workers and household members of planetary students, portion the Netherlands has decided to bounds planetary pupil enrolments.

These migration restrictions are often justified by concerns implicit occupation and lodging markets, but they place the affirmative contributions migrants marque to labour-short economies.

For instance, Canada and Australia look elections adjacent year, and their governments are responding to increasing nationalist insecurities astir migration

However, information reveals that migrants play a important relation successful addressing labour shortages, arsenic indicated by the UK’s Office for National Statistics, which reported that non-EU migrants person importantly contributed to alleviating staffing shortages implicit the past 4 years.

In Australia, planetary acquisition contributed $24.7 cardinal to the system successful 2022-2023, making it the fourth-largest export.