Why endless population growth makes Australians poorer
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I noted on Thursday how in 2000-01, Australia’s regions accounted for 35% of the population. As of 2024-25, the latest available data from the ABS shows that the regions’ share of Australia’s population has declined to 32%.

The Centre for Population’s 2025 Population Statement projects that Australia’s population will grow by 13.4 million people over the 41 years to 2065–66.
Most of this 13.4 million growth (81%) is projected to occur in the capital cities, which are expected to swell by 10,850,000 over the next 41 years. Australia’s regions are projected to only grow by 2.5 million.
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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.