Australia’s immigration ponzi reignites

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By Leith van Onselen

The ABS released its Australian demographic statistics for the September quarter of 2016, which revealed that Australia’s overall population growth rate has accelerated led by unprecedented growth in Victoria, which has once again obliterated records.

According to the ABS, Australia’s population rose by 1.46% in the year to September 2016 to be above the 30-year average:

Aust population growth rates

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.