The country’s population grew by 563,200 in the past 12 months as migrants, particularly international students, rushed back.
Australia’s population is growing by a record 2000 people a day, fuelled by the largest surge in migrants in history as international students rush back to complete their studies.
At almost 2.2 per cent, the national population growth rate is at its highest level since 2009, when hundreds of thousands of Australians returned to the country because of the global financial crisis. Outside of migration, the figures also confirmed the ongoing impact of COVID-19 on births and deaths.
CommSec chief equities economist Craig James said the natural increase in Australia’s population was at its slowest rate on record.He said more people meant demand for jobs, housing, transport and infrastructure would remain strong, while many migrants were being put to work in construction. The strong lift in migrant numbers was supporting the economy.
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