From Bloomie:
Australia’s population growth slowed to 1.4 per cent in 2014 — double the average of countries in the Organisation for Economic Cooperation and Development but down from 1.8 per cent two years earlier. The slowdown is at odds with the RBA’s May forecast for a 1.7 per cent gain in working-age population this year.
“This suggests the Australian economy will likely fall short of the current growth path expected by policy makers in the near term and thus justifies some further easing,” said Tim Toohey, chief economist for Goldman Sachs in Australia…”Would you move to a country where you can’t get a job?,” Toohey said.
