Aug 28, 2026 – 6.10pmGovernment attempts to slash net overseas migration by targeting temporary visa holders could carry steep costs for economic growth, with policy experts warning a planned overhaul must avoid stripping the budget bottom line of vital revenue generated by international students and graduate workers.With the 3-million-strong migration pool dominated by young, working-age taxpayers, the Albanese government faces a delicate balancing act to ensure any reduction in numbers does not trigger unintended economic damage.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles