Key Briefs From Additional Estimates Hearing – IG-01 Net Overseas Migration; IG-02 International Students; IG-05 Visa Response To The Hamas-Israel Conflict, Dated February 2025 ​

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Net Overseas Migration (NOM) has declined significantly from pandemic peaks following government policy interventions. The preliminary NOM for the year to June 2024 was 445,638—approximately 90,000 fewer than the prior year (535,518)—with June Quarter 2024 recording just 63,155, the lowest since border restrictions lifted in December 2021. The 2024–25 Mid-Year Economic and Fiscal Outlook revised forecasts downward to 340,000 for 2024–25 and 255,000 for 2025–26, trending toward pre-pandemic levels of 235,000 by 2026–27. Student visa grants declined 6.4% year-on-year to 183,995 grants through December 2024, reflecting Migration Strategy actions including increased English language requirements for student and graduate visas, new genuine student requirements, suspension powers for high