Julia Gillard was right on one thing

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In 2003, the Australian Bureau of Statistics (ABS) released its Population Projections 2002 to 2101, which contained a baseline (Series B) forecast for Australia’s population of 26.4 million by 2051, based on an assumed net overseas migration (NOM) of 100,000 annually.

ABS population projections in 2003

Source: ABS Population Projections 2002 to 2101

The following table illustrates the ABS’s 2003 population projections for Australia’s capital cities:

AB capital city population projections

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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.