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The ABS today released its National, State and Territory Population data for the March quarter 2024, covering births, deaths and migration.
“Australia’s population officially hit the 27 million-mark in the first quarter of the year,” added Mr Reardon.
“The national population grew by 0.6 per cent or 164,635 people in the March quarter 2024 compared to the previous quarter. This leaves the population growth rate in the twelve months to March 2024 at 2.3 per cent, or the addition of 648,100 people to Australia’s population.
“Of the 164,635 people added to Australia’s population over the first three months of 2024, 30,833 were attributed to natural increase while 133,802 were from net overseas migration.
“Western Australia led the way with 3.1 per cent annual population growth, driven by both strong interstate and overseas migration inflows.
“New South Wales and Victoria took the largest share of population growth and attracted the largest share of overseas migration.
“Leading indicators of the finalised population figure, from the National Accounts and Overseas Arrivals and Departures data, indicate that growth is slowing from very high levels.
“This is attributed to recent measures taken by the Australian Government to slow down growth in migration, with a particular focus on overseas student numbers.
“The underestimation of population growth is a systemic policy failure that compounds the challenge of delivering sufficient housing.
“State governments and local councils need accurate guidance on population to assist with planning for growth. This is not just a short-term problem emerging due to a spike in population after the pandemic,”
“The HIA has always sought stable and reliable migration settings to avoid boom-bust cycles in home building,” concluded Mr Reardon.
Across the different states and territories, Western Australia saw the strongest annual growth in population, up by 3.1 per cent, followed by Victoria (+2.7 per cent), Queensland (+2.5 per cent), New South Wales (+2.0 per cent), the Australian Capital Territory (+1.8 per cent), South Australia (+1.5 per cent), the Northern Territory (+0.8 per cent) and Tasmania (+0.4 per cent).
“HIA backs the bipartisan approach to planning reform that is now on the table, and the expansion of complying development to speed up planning approvals and get more people into more homes sooner,” said Brad Armitage, HIA Executive Director NSW.
The Housing Industry Association (HIA) has proudly recognised South Australia’s most promising young talent at the 2025 HIA South Australian Apprentice Awards, held at the National Wine Centre of Australia in Adelaide on Friday night.
“The Housing Industry Association (HIA) welcomes today’s announcement to bring forward the start of the expanded Home Guarantee Scheme to 1 October. This promises to open doors for more people and is an important boost for aspirational home buyers in Australia,” said Jocelyn Martin, HIA Managing Director.
The Housing Industry Association (HIA) is pleased to see the announcement for action on red tape and approvals made by Minister for Housing Homelessness and Cities Clare O’Neil. “The burden of regulation related to building, planning and approvals is adding cost, and delays which is impacting our ability to supply the homes we need”, HIA’s Managing Director Jocelyn Martin said today.