Australia's migration intake will decrease significantly from 232,000 in 2018-19 to 31,000 in 2020-21 due to the effects of the coronavirus pandemic. This affects thousands of Indians who are planning to emigrate to this country.
As the impact of the COVID-19 pandemic on the Australian economy continues to develop, migration, which is a key driver of the economy, has been hit after the travel bans that have been imposed since the onset of infection earlier this year.
Australia's Treasury Update on Economic and Tax Update, published Thursday, says that Net Overseas Migration (NOM) is significantly impacted by international travel restrictions and restrictions on the ability of applications to meet visa application requirements.
"The NOM is expected to decrease from 232,000 in 2018-19 to 154,000 in 2019-20 and 31,000 in 2020-21," it said.
The Indian community in Australia consists of almost seven lakhs.
India is one of the main sources for qualified immigrants to Australia. Approximately 90,000 students study at Australian universities.
The report also said international borders are expected to reopen in Januray next year, but there will be a two-week quarantine period for arrival in Australia.
"The future level of migration remains extremely uncertain due to the course of the pandemic and the type and duration of measures to curb its spread at home and abroad.
"The government introduced international travel bans in March 2020. This prevented all arrivals with temporary and temporary migration visas and Australian citizens and permanent residents from leaving Australia," the document said.
According to Treasurer Josh Frydenberg, no decision has yet been made as to when the Australian travel ban will be lifted.
"With regard to the borders, it is assumed that … quarantine will gradually be applied again and some international students will be recruited …" he was quoted by the AAP news agency.
"Of course, the environment is very fluid with regard to corona virus, so no decisions were made about the start dates for it. These are the Treasury forecasts, and as you can understand, it is a very dynamic environment," he said.
The infection has infected over 16 million people and killed more than 644,000 people worldwide, according to the Johns Hopkins Coronavirus Resource Center.
In Australia, the COVID-19 infected over 13,900 people and killed 155 more.
COVID-19, which was founded in China's Wuhan city last December, has also affected the global economy. The International Monetary Fund said that the global economy will face a "severe recession".