By the end of 2023, the number of immigrants who’ve arrived in Australia during the year may be approaching 600 thousand.

They’re filling jobs and bringing cultural diversity to communities, but there is a downside for the economy. 

Today, the ABC’s business editor Ian Verrender explores the impact the surge is having on inflation, interest rates and rental prices and what the government should be doing about it. 

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Ian Verrender, ABC business editor