About two weeks into the 2024 calendar year, the Australian Bureau of Statistics population clock ticked over 27 million. In the post-pandemic recovery year of 2023, we added more than 600,000 net extra residents (including international students) to the Australian continent, boosting both the workforce and the consumer spending market. How will all this affect Australia?
Sustained trends not surge points… baby boom, baby bust and overseas students
You may think that this population increase will shape demand for goods and services, affecting the value of businesses and houses. The answer is yes… and no.
I think the community does its best to accommodate a demographic surge, whereas business responds with considered investment and changed strategies to manage what seems to be sustainable.
The hyped rate of population growth across 2023 stressed both the rental market and the housing market. But it was also a sign of things to
