Australia braces for impact
Despite being accused of taking local jobs, overseas migrants create better workforce security and bolster the Australian economy, farming groups say.
The coalition's economic plan for Australia would hand back more money to workers by indexing tax rates to inflation at a cost of tens of billions of dollars.
Infrastructure spending is necessary for building more homes across the country but the jury is out on plans for migration.
Opposition Leader Angus Taylor has unveiled a sweeping economic vision for Australia involving major tax reform and deep cuts to the nation's migrant intake.
Tax changes in the federal budget will likely shift property investors to new houses in the outer suburbs and inner-city apartments, economists say.
The coalition's pitch to crack down on the number of migrants to ease pressure on limited housing supply has been criticised as a repeat of One Nation policy.
Angus Taylor is preparing to give his first budget reply speech since taking over as opposition leader, with several policies already announced.
Households with solar panels and batteries could benefit from changes in the budget but big renewable energy changes were overlooked.
Opposition Leader Angus Taylor will outline further details of a promised crackdown on migration in his first-ever budget reply speech.
A fight is brewing over housing policy and tax after the federal government handed down a controversial budget, paring back concessions for landlords.
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