Continuation of a third-world pace of population growth, at 2.1% pa, puts further pressure on Australia's housing, infrastructure and fragile environment, says Sustainable Population Australia (SPA).
SPA national President Peter Strachan was responding to today's ABS population figures that revealed Australia grew by 552,000 in the year to 30 June 2024, more than 80 per cent of which resulted from net overseas migration (NOM of 445,600).
"Australia cannot afford to keep growing by over half a million people, or by almost the population of Tasmania (575,400) each year," says Mr. Strachan. "Infrastructure costs associated with that number of people damage the economy and add pressure to housing availability and cost, largely caused by demand exceeding supply.
