
Steve Barlow
11.4K posts




I knew you guys would work it out @GeoffWilsonWAM @AlboMP







Auction after auction, young people are lining up and losing out to property investors with an unfair advantage. We're changing property investor tax breaks to give first home buyers a fair go.



The 1.3 million figure is a rounded approximation of the cumulative net overseas migration (NOM) under the Albanese Labor government since it took office in May 2022. It comes directly from official Australian Bureau of Statistics (ABS) data for the three full financial years of their term (the standard way these totals are reported): • 2022–23: 538,000 • 2023–24: 429,000 • 2024–25: 306,000 Total = 1,273,000 (routinely rounded up to “over 1.3 million” or “about 1.3 million” in commentary because the actual surge started mid-2022 and partial 2025–26 data pushes it higher). These are the exact latest ABS figures released in December 2025 for the 2024–25 financial year. Earlier releases had minor revisions (e.g. 2022–23 was initially reported around 518k–536k), but the current official totals are what’s used. This is not arrivals-only or gross migration — it is the net gain to Australia’s population from overseas migration after subtracting departures, which is the number that actually drives housing demand, infrastructure pressure, etc. No spin, no political website — straight from the Australian Bureau of Statistics.











