Population update

Short and sharp this week.  A data dump really.

Australia’s population growth is returning to pre-Covid levels.  Well, it isn’t quite there yet, but it is unlikely to take much longer.  Sometime later this year if you ask me.

Chart 1 shows that annual rate of Australia’s population growth, whilst chart 2 shows that change on a quarterly basis.

Table 1 outlines that population components by state or territory and also for Australia for fiscal 2022.

Table 2 outlines the annual population growth results for each state and territory over the past five years.

All locales – with the exception of Queensland, South Australia and Western Australia – are currently down on past averages.  SA and WA are on par, whilst Queensland is clearly growing faster at present that it was just a few years ago.


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