Study says migrants struggling with the pressure of sending money back home amidst rising inflation

Coronavirus Supplement

Source: Getty / Getty Images

According to a report from Western Union, 67% of migrants said that one of the reasons they moved to Australia is to be able to send money to their country of origin.


Key Points
  • A report released by Western Union titled "The Value of Remittance" sought to examine the impact of remittance payments worldwide.
  • 51% of migrants in Australia stated that the money they send back to their home countries greatly helps their families avoid financial hardship there.
  • 11% of the annual income of migrants in Australia is sent to their country of origin.

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