Australian populations continues upward trend into 2014

by Ray Clancy on December 31, 2013

in Australia, General Information

Australia is continuing to grow with its population having risen by 1.8% in the 12 months to the end of June this year with overseas workers adding to the increase.

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Data shows that Australia’s population has increased by around 407,000 people to reach 23.1 million

Figures also show Australia is becoming an aging population with the number of retired people, those aged 65 and over, rising and this will have an impact on the jobs market and on resources such as health.

Natural increase and net overseas migration contributed 40% and 60% respectively to total population growth, the latest data from the Australian Bureau of Statistics show, and all states and territories recorded positive population growth.

Western Australia continued to record the fastest growth rate of all states and territories at 3.3%, an increases of 81,000 people, taking the overall population in the state to over 2.5 million people.

New South Wales and Victoria have also experienced strong growth, both recording their largest annual increases in almost four years, increasing by 102,000 people and 106,000 people respectively. Tasmania recorded the slowest growth rate at 0.2%.

‘There’s now a noticeable difference between the growth rate of the working age population – traditionally considered to be people aged 15 to 64 and the older age groups, as more baby boomers turn 65,’ said Bjorn Jarvis from the ABS.

‘The baby boomer generation is a large group of people, and the older age group will continue to grow in size as the boomers progressively reach 65,’ he added.

The growth rate for the older ages was 3.7% over the last year, compared to 1.4% for the working age population, and 1.7% for children. The number of people aged 65 and over has increased from 11.6% of the population, or 2.1 million people, in 1993 to 14.4%, or 3.3 million people, in 2013.

‘Over the last 20 years Australia’s median age has crept up. Back in 1993 the average Aussie was around 33 years old. Today, that average Aussie should be starting to worry about grey hairs as they would be around 37,’ explained Jarvis.

Tasmania recorded the largest percentage increase in the 65 and over age group, increasing from 12.2%, or 58,000 people, of their population in 1993 to 17.3%, or 89,000, in 2013. Tasmania remained the oldest state with a median age of 41.2 years, while the Northern Territory is the youngest with a median age of 31.7.

Overall the data shows that Australia’s population has increased by around 407,000 people to reach 23.1 million. The data also shows that there were 311,400 births in the year ending June 2013, which is 1.8% higher than the previous year. The same time period saw 148,800 deaths, which is 1.1% higher than the previous year.

Net overseas migration added 244,400 people to the population, which is 8.6% higher than that for June 2012 when it was 225,100 people.

The preliminary estimates of natural increase recorded for the year ended 30 June 2013 at 162,700 people was 2.4%, or 3,800 people, higher than the natural increase recorded for the year ended 30 June 2012 when it was 158,800 people.

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