Live: Taylor says 'vested interests' won't stop Coalition from cutting migration

Opposition Leader Angus Taylor has hit back at business sector criticism of the Coalition's plan to bring down net overseas migration.Follow all the updates in our live blog. Wed 7 Oct 2026 at 7:12amWed 7 Oct 2026 at 7:12amCoalition plan will take 'hundreds of thousands' of workers out of economy: O'NeilHousing Minister Clare O'Neil and National frontbencher Bridget McKenzie have joined Channel Seven this morning to discuss migration.Last night on 7.30, Opposition Leader Angus Taylor said the Coalition's changes to migration would hit "some" visa holders working in aged care.The minister says the Coalition's plan will take "hundreds of thousands of workers" out of Australia's economy and hasn't been costed."If you've got an older mum or dad who is going to need aged care over the next couple of years, odds on the person who is going care for them and love them is a migrant worker," O'Neil says.But McKenzie says the Coalition's migration plan has been modelled will be skills-focused."We are targeting skilled migrants, so aged care, healthcare absolutely are going to be the type of skilled migrant we will be targeting," McKenzie says.Wed 7 Oct 2026 at 7:03amWed 7 Oct 2026 at 7:03amTaylor says 'vested interests' won't stop Coalition from cutting migrationOpposition Leader Angus Taylor says he won't let "vested interests" get in the way of cutting Australia's net overseas migration figure.The Coalition yesterday released plans to cut graduate, bridging and student visas to reduce the NOM to 100,000 in the first two years of government, if elected, before raising it to 160,000 in the fourth year.But educations and business groups have warned that plan could damage the economy and push talented workers offshore.Speaking to Channel Nine, Taylor has hit back at business sector criticism of his plan."We will develop our policy and announce our policy based on the national interest, not based on vested interests. I talk to business groups all the time, particularly small businesses, and right now what we are seeing is a guest worker economy," Taylor says."It's true that there's vested interests in the economy in the country who want to see that kind of country. We've never been a guest worker country."The country is becoming a hotel not a home. That's what's happened under Labor and that might be OK for some business groups but it's not OK for our country."Wed 7 Oct 2026 at 6:58amWed 7 Oct 2026 at 6:58amGood morning 👋Hello and welcome to our federal politics live blog. It's great to have you join us here early this Wednesday morning!I'm Josh Boscaini joining you live from Parliament House in Canberra, here and ready to bring you all of today's federal politics news.Opposition Leader Angus Taylor is out doing the media rounds this morning, selling the Coalition's plan to reduce net overseas migration.It's going to be a busy morning so let's get right into the day and see what happens!