Earlier this month, the population of Australia hit the 25 million mark, with the net number of migrants continuing to outpace the number of births in the country at a rate of almost two to one. For the sake of comparison, that’s a figure reminiscent of gold-rush days.
According to the Australian Bureau of Statistics, we add one person to our number every 83 seconds, with about 400,000 people a year added to the tally since 2015. Keep it up and we’ll bust 40 million in the next 40 years.
The timing of this latest milestone was just a little bit off, however. Those of us who like an amusingly appropriate narrative would have preferred it to come almost exactly four weeks earlier – if it had, it would have coincided with World Population Day on July 11.
Some of you may recall that, to mark that particular global event, we at Hames Sharley organised a roundtable session to talk about world population growth – a topic that seems all the more apt one month on. Our Managing Director Caillin Howard was joined by the leader of our National Residential Portfolio Tim Boekhoorn and Yaara Plaves, a senior architect on the Social Housing committee for the Urban Development Institute of Australia, and together they analysed the issue from three viewpoints: transparency in population growth data; shifts in population growth; and incentivising and controlling population growth. Click through to see what they had to say on a topic whose importance is growing all the time. Literally.