The continuing high migration figures are a surprise.
February's net migration hit almost 131,000, with more than 253,000 migrants arriving, and about 122,000 heading offshore.
JMI Wealth Director Andrew Kelleher told Mike Hosking that he's been expecting numbers to cool off, but this hasn't happened.
He says lots of people are moving around as both sides of the net migration equation run at record levels.
Kelleher adds visitor numbers are positive, with the Chinese market the highest since January 2020.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Popular Podcasts
1. Las Culturistas with Matt Rogers and Bowen Yang
Ding dong! Join your culture consultants, Matt Rogers and Bowen Yang, on an unforgettable journey into the beating heart of CULTURE. Alongside sizzling special guests, they GET INTO the hottest pop-culture moments of the day and the formative cultural experiences that turned them into Culturistas. Produced by the Big Money Players Network and iHeartRadio.
2. The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
3. Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations.