In case you missed it, the biggest one-year jump in Australia’s population has prompted warnings that the nation’s rental market will remain under pressure for years.
Data from the Australian Bureau of Statistics showed a record 518,100 new migrants called the country home.
The population swelled by 624,100 through 2022-23, more than 1700 people a day, with 80 per cent of the extra residents absorbed across Victoria, NSW, Canberra and Queensland.
According to the Australian Bureau of Statistics, Victoria’s population grew by more than 181,000 to 6.8 million while NSW added 172,600, taking its total number of residents beyond 8.3 million.
Most migrants moved to four states: NSW took in 174,200, Victoria added 154,250, Queensland gained almost 84,000 while the fastest growing part of the Commonwealth, Western Australia, accepted 61,600.