Immigration into Sydney and Melbourne remains extreme

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By Leith van Onselen

The ABS has released its Australian Demographic Statistics for the March quarter of 2018, which revealed that Australia’s population continues to grow rapidly led by turbo charged net overseas migration (NOM), mostly into Sydney and Melbourne.

According to the ABS, Australia’s population rose by 1.55% in the year to March to be way above the 35-year average:

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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.