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With the Government increasing the migrant intake last year, overseas migration numbers have once again started to increase and population growth has stabilised.
The Australian Bureau of Statistics (ABS) recently released demographic data for September 2011 and it showed that population growth has stabilised over the year after falling for much of the past three years.
Over the 12 months to September 2011, Australia’s population increased by almost 320,000 persons (319,632). This is an improvement compared to the recent low of 312,016 over the 12 months to March 2011 however, it is much lower than the peak of 467,314 over the 12 months to December 2008. On the first graph, the dotted line represents average population growth over the past 30 years and the current rate of growth remains well above average. Read More