Matt Nolan

Keep an eye on migration tomorrow

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My economics tea leaves are suggesting to me that there will be fewer than 4,747 departures to Australia in the February figures. If this is the case, the number of departures to Australia will be LOWER than in Feb 2008.

It is this sort of speculation that is giving me dreams suggesting that net migration will pick up quite quickly, very interesting.

The reason I think it is important to keep an eye on this is because I’m getting hacked off with news stories talking about the “huge outflow to Australia” when its growth has been drastically slowing since the end of 2008 😛

Update:  Realised today is Wednesday – not Thursday.  The numbers are out on Friday 😛

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  1. People have decided to stop going to Aussie - go the collapsing labour market | TVHE says:
    March 20, 2009 at 11:13

    […] fewer people leaving to Aussie this February than in Feb 08.  The economics tea leaves never leave me wanting – maybe I need to incorporate them into my forecasting […]

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