Grim reason young Aussies fleeing country

News.com.au - 01/01
Young Aussies are increasingly looking for cheaper alternative countries to live in as soaring house prices and cost of living pressures sees them leave in droves, government stats reveal.

Young Aussies are increasingly looking for cheaper alternative countries to live in as soaring house prices and cost of living pressures sees them leave in droves, government stats reveal.

According to the latest government figures, migrant departures - people leaving Australia to move overseas - increased by 8 per cent to 221,000 from 204,000 between 2023-2024.

The ABS measures the top five countries of birth for migrant departures from Australia each year. Since the Covid pandemic the only major demographic group to be consistently leaving the country is Australian-born citizens, with a further 57,100 leaving the country in 2023-2024, and about 35,590 co...
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