Australia’s Migration Numbers Explained: The Winners, Losers and Myths
About this episode
You may have seen a post on social media claiming 142,000 millionaires are leaving Australia. So today we look at what the migration report actually says, who’s really leaving, and how many wealthy people are moving here instead. We talk about migration, housing, cost of living, safety, and why some Aussies are heading to Dubai and Singapore. A clear look at whether migration is helping or hurting Australia’s future.
On this episode, we discuss:
(00:00) Intro: Debunking The Viral Millionaires Leaving Australia Post
(02:31) What The Henley Migration Report Actually Says
(05:40) Top Destinations For Millionaires And Why UAE, USA And Singapore Win
(06:54) Push Vs Pull Factors: Why Wealthy People Move Countries
(09:30) Australia’s Migration Numbers: Arrivals, Departures And Net Gain
(10:07) Skilled Visas, Critical Job Shortages And Where Migrants Settle
(11:34) Housing, Infrastructure And Whether Migrants Can Really Flourish Here
(18:07) Why Some Aussies Are Moving To Dubai, The UAE And Bali For Tax And Lifestyle
(21:35) Are Migrants Really A Drain On The System? Welfare And Medicare Myth-Busting
(23:01) What Singapore Gets Right About Law, Order And Assimilation
(23:55) Can Australia Compete As A Global Business And Tax Hub?
Resources for this episode:
Forbes Australia — Countries gaining and losing the most millionaires in 2025
Henley & Partners — Private Wealth Migration Report 2025
Henley — Australia’s Abiding Allure (2024)
ABS — Overseas Migration 2023–24
Home Affairs — Migration Program 2023–24 Report (PDF)
Home Affairs — Permanent Migration Stats 2023–24 (PDF)
CGCG — Top occupations granted visas
Check out the free resources from Inovayt here.
Send us an email: [email protected]
The Numbers Game is brought to you by Future Advisory & Inovayt.
Hosts:
Nick Reilly
Jason Robinson
Martin Vidakovic
This podcast is produced by VIDPOD.
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Get every episode summarized
Each time The Numbers Game publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from The Numbers Game
Six Years of Zero Growth, $786B Spent | Australia's Productivity Crisis
The Numbers Game
Are You on the ATO's Radar? | The Biggest Audit Triggers in 2026
The Numbers Game
$5.4 Trillion Is Changing Hands | Is Your Family Ready for the Tax Bill?
The Numbers Game
Leaving Australia for Tax Purposes? The ATO Already Knows Your Plan
The Numbers Game