Imagine the dividends from a smaller Australia?

Tarric Brooker posted the following chart on Twitter (X) showing that the level of real Australian resource exports per capita has risen from around $3,500 per year in 1988 to just under $15,000 per year currently.

Brooker added, “Imagine the dividends of a smaller Australia”, in response to the massive population expansion experienced by Australia this century.

Indeed, World Bank data shows that Australia’s population had grown by 45% this century as of 2024, easily the largest increase among advanced nations.