Sustainable Population Australia (SPA), says that Australia's housing crisis is entirely due to rapidly rising demand, driven for most part, by record levels of population growth, including 1.6 million over the three years to 30 September 2024 and 8.7 million, or 45 per cent, since 2000.
SPA Spokesperson Michael Bayliss says, "Since the rising costs of living and lack of available housing has pushed Australia's total fertility rate down to 1.5 children per woman, the only way to rapidly reduce demand is to cut net overseas migration (NOM).
The latest figures from the Australian Bureau of Statistics (ABS 3101.0), reveal that Australia grew by 484,000 people in the year to 30 September 2024, of which 379,800 or 78.5 per cent, resulted from NOM."
