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Australia’s population to hit 23 million in July

Last year the world welcome its seven billionth citizen and this year, probably sometime in July, Australia’s should hit the 23 million mark sometime in July.

Even though Australia’s growth has fallen from a high of 2.2 per cent in 2009 to around 1.4 per cent, it’s still growing faster than the rest of the world at 1.1 per cent according to social demographer Mark McCrindle.

It means Australia should hit the 23 million milestone in mid-2012.

The world’s population hit seven billion on October 2011, just over 12 years since it reached six billion. Based on the current trends, the world will pass eight billion in 2025, just 13 years from now.



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Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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