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.
SUBSCRIBE & DON'T MISS A SINGLE EPISODE OF MICHAEL YARDNEY'S PODCAST
Hear Michael & a select panel of guest experts discuss property investment, success & money related topics. Subscribe now, whether you're on an Apple or Android handset.
NEED HELP LISTENING TO MICHAEL YARDNEY'S PODCAST FROM YOUR PHONE OR TABLET?
We have created easy to follow instructions for you whether you're on iPhone / iPad or an Android device.
PREFER TO SUBSCRIBE VIA EMAIL?
Join Michael Yardney's inner circle of daily subscribers and get into the head of Australia's best property investment advisor and a wide team of leading property researchers and commentators.