Australia’s Migration Numbers Explained: The Winners, Losers and Myths

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.

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