00:00It is a better way, a better way with lower numbers
00:03and with higher standards.
00:05And what we are proposing today is the biggest cut to immigration
00:09in the history of this country.
00:12That is what is necessary right now,
00:15given the failures of the Labor government.
00:19It will bring what we're announcing today,
00:21will bring the numbers down to below the levels they were at
00:24under the Howard Liberal National Liberal government.
00:28It will be putting Australia first
00:31and it will be putting our national interest first.
00:36The net overseas migration numbers will be 100,000 year one,
00:40100,000 year two, going to 160,000 in year four.
00:45That will take pressure off roads, off schools,
00:49off infrastructure, off houses.
00:52And that will ensure that our country has the breathing space it needs
00:56after the record levels of immigration under Labor.
01:00It got up to 550,000,
01:03more than double what we've ever seen before in this country.
01:06And our country needs breathing space right now.