Australia facing climate change “mass migrant invasion”

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As we already know, Australia massively increased its migrant intake in the early-2000s, and this has driven a three-fold increase in Australia’s net overseas migration (NOM) compared to the historical average:

Accordingly, the Australian population has ballooned by around 6.4 million people (34%) so far this century.

The Australian Bureau of Statistics’ (ABS) median projections also have Australia’s population swelling to 42.6 million by 2066, with 17.5 million of that growth to come via NOM:

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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.