Australia’s population growth still out of control

Wednesday 4 December 2024

Last month, I mentioned that the latest net permanent and long-term arrivals data from the Australian Bureau of Statistics (ABS) showed record net arrivals in 2024.

As presented above, there were 393,874 net arrivals in the first nine months of 2024, nearly 1,300 more than the previous year’s record arrivals and almost 128,000 more than the same period in 2019.

While net arrivals have declined since March compared to the previous year, each month in 2024 has been higher than in 2019.

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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.