One Nation has announced a policy to reduce temporary visas by 750,000 over three years. Major parties have warned that this plan could lead to a recession.
One Nation MP Barnaby Joyce appeared on the ABC’s National Forum, where he was unable to confirm the policy's impact on the budget or jobs. He stated the party would pursue the policy "no matter the cost" and rejected questions about consulting the parliamentary budget office.
Journalist George Megalogenis claimed One Nation’s plan to cut migration in net terms had never occurred in Australian public policy and would "tank the economy" on the scale of the "depression of the 1890s". Liberal frontbencher Andrew Hastie also questioned the lack of detail and Pauline Hanson's decision to announce the policy via a prerecorded video.
Multicultural affairs minister Anne Aly said Labor is committed to reducing immigration numbers in a "manageable way" while ensuring the system meets Australia's needs and is fair for immigrants.