ONLY CHARTS #484
Aus net immigration & short-term travel, NZ housing loans by maturity, NSW transfer duties, NZ Q4 GDP growth nowcast
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1. It is widely appreciated that monthly net permanent and long-term arrivals have recently overstated Australia's official net immigration (NOM)...
2. …but less appreciated is that net arrivals of visa holders has been better correlated with NOM and has weakened further in recent months (the COVID period was a mess but can be ignored).
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