Centre for Population analysis of the National, state and territory population publication from the Australian Bureau of Statistics (ABS).
Reference period: -
Australia’s population was 27.2 million on 30 June 2024, 2.1 per cent higher than a year earlier. Population growth has slowed from the peak of 2.5 per cent recorded in the September 2023 quarter, with declining net overseas migration (NOM).
NOM was 446,000 in 2023–24, and 63,000 in the June 2024 quarter. Annual NOM has continued to decline since its peak at the end of the September 2023 quarter (Chart 2). Annual NOM remains elevated compared with pre‑pandemic levels. Departures have been low due to both the relatively recent arrival of many temporary migrants and some seeking to extend their stay by applying for further visas.
Natural increase (births minus deaths) was 106,000 in 2023–24, increasing by 3,500 from the previous year but remaining low overall. The small increase was driven by a decline in deaths over the year, partially offset by a slight fall in births. The total fertility rate fell to a record low of 1.49 babies per woman in 2023–24, following the previous record low of 1.55 in 2022–23.
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