Net Overseas Migration (NOM)
One of the most profound changes affecting the Australian economy and society this century has been the massive lift in Australia’s net overseas migration (NOM) and population growth under the multi-partisan Big Australia policy.
The three largest states, New South Wales, Victoria and Queensland, continued to account for the largest contributions to net overseas migration nationally in the year ending 30 June 2018.
Australia's population at the end of 2018 tipped the scales at 25,180,200 people.
In the year ending 30 June 2018, there were 526,300 migrant arrivals and 289,000 migrant departures meaning Australia saw a net gain from overseas migration of 237,300 people.
This rapid population growth is projected to continue for decades to come, if current policy settings favouring high immigration continue.
The ABS medium population projections released in 2018, have NOM continuing at current strong levels ( 225,000 people a year ) for the next half century. Australia’s projected to see 17.5 million population increase, lifting the country to 42.6 million people by 2066
Infrastructure planning has never been more needed.
According to World Bank data, Australia ranks fifth among OECD members for population growth.