A cycling jaunt One of my pastimes and outlets is cycling along rail trails. They are peaceful and you get a chance to see some amazing Australian countryside.I recently rode to Mansfield in Victoria along what is called ‘The Great Victorian Rail Trail’. There is some spectacular scenery and impressive engineering feats, the chief amongst them being the bridge across the Eildon Dam at Bonnie Doon (How’s the Serenity!).This trip made me reflect on the demographic changes that have occurred in the region and divergent patterns of population growth in these two centres over time. Understanding regional growth To provide context to the nature of regional growth in…
Tag: population growth
If you have been keeping with the news, you may have seen the 2023 release of the Intergenerational Report, a document summarising economic outlooks and Australia’s budget over the next 30 years. One of the major challenges identified is Australia’s ageing population, an issue which has sparked significant discussion in the media with concerns that even with superannuation, retirees will still not able to cover living expenses.According to AMP’s 2022 Financial Wellness report, 21% of working Australians are not confident that they have the funds to live at their desired lifestyle in 2022, up from 17% in 2021.While we acknowledge the challenges of the situation…
Many people will be aware that Australia’s population growth has rebounded after the lean COVID-19 years. Unprecedented levels of overseas migration have reversed the minimal population growth from the June Quarter of 2020 to the September Quarter of 2021. The strength of the rebound has come as a bit of a surprise, given the levels of pessimism regarding Australia’s demographic and economic outlook during the peak of the pandemic only two years ago. The increase has been unprecedented with the latest data showing a net migration gain to Australia of almost 387,000 people in the year ending December 2022. This is the highest gain to…
Much has been spoken about the changes in development patterns across Australia due to the COVID-19 pandemic. In this article, we analyse dwelling growth in New South Wales and Sydney to discover how development patterns have changed over the last three Census periods. How did we do it? We have allocated all ABS SA2 geographies in Sydney and Regional NSW in 2021 to a series of categories:In Sydney by sector (inner, northern, south-western etc.) and ring (inner, outer etc.)In regional NSW by size of settlement, areas along the coast, areas around Sydney and remaining areasSA2s were allocated for 2016 and 2011 and ABS State Suburbs…
There is constant media attention regarding the state of the housing market in Australia. Are prices going up or are prices going down? Are we meeting housing demand? Are we building too many apartments? Read on to find out more. What Does the 2021 Census Data Tell Us? With the release of the 2021 Census of Population and Housing, we were very keen to see what had happened with indicators of housing supply and demand, namely: Average household size Vacancy rates These two indicators give us a simple, but relatively good feel for the dwelling supply versus demand. At the Australian level, average household size…
The rate of population growth in Tasmania accelerated rapidly during the 2016-2021 period. The growth rate of 9.3% or 47,610 persons was remarkable after a relatively sluggish previous decade where the State’s population grew by only 33,480. The fastest growing Local Government Areas (LGAs) in Tasmania were a combination of smaller rural LGAs and areas on the edge of Hobart and Launceston. However, the fastest growing LGA in Tasmania between 2016 and 2021 was Central Highlands (17.5%). Almost all LGAs in Tasmania benefited from the large overseas and interstate migration gains to the State that preceded the COVID-19 pandemic. The greatest gains in net terms…
What does the ABS 2021 Census tells us about population growth rates across Western Australia? The overall rate of population growth in WA remained at moderate levels from 2016 to 2021 (7.5%), after a much faster period of growth from 2006 to 2016, based on the mining investment boom. The fastest growing Local Government Areas (LGAs) in Western Australia were a combination of small rural LGAs with increases in population due to mining and greenfield growth areas on the fringe of Perth. The fastest growing LGA in WA between 2016 and 2021 was Mount Magnet (35.5%). Almost all LGAs in Perth and surrounds benefited from…