Brexit camp eye Australian-style immigration system if UK leaves EU

Britain would extend an Australian-style points-based immigration system to European Union citizens if it votes to leave the bloc, the “Out” campaign said on Wednesday, ratcheting up the pressure on a key issue ahead of the June 23 referendum.

Two polls on Tuesday showed Britons have moved towards voting to leave the bloc after official figures published last week put net migration at the second highest level on record last year.

A YouGov poll published on Wednesday put both sides level on 41 percent, unchanged from its previous survey.

Senior members of the Out campaign including former London Mayor Boris Johnson and Justice Secretary Michael Gove said immigration post-Brexit would be based on job and language skills.

Reuters

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Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.