Earlier in February2025, Department of Home Affairs announced the following,
From 2025–26, the Migration Program will move to a multi-year planning model, extending the Program planning horizon to four years from the current twelve-month cycle.
Extending the outlook of Australia’s Migration Program will enable migration planning to better align with longer-term infrastructure, housing and services planning across all levels of government. The multi-year approach will incorporate housing supply as one of the key factors to shape the broad direction of long-term migration planning.
Public consultation on the size and composition of the first four-year cycle (covering 2025–26 to 2028–29) will commence later this year.
Source: Department of Home Affairs