Australia is growing fast.
And while we’re used to thinking about our population huddling around the edges of this vast continent, new data from the Demographics Group shows the blowtorch of growth is now concentrated in just a handful of places — and that’s raising some big questions about the future of our towns, cities, and the services we all rely on.
Over the past decade, we’ve added 3.7 million extra people, but that growth hasn’t been evenly spread — some areas are booming while others are slowly hollowing out.
In today’s show we discuss the significant demographic changes occurring in Australia, focusing on population growth, the challenges faced by regional towns, and the implications for property investors and businesses.
We explore the concentration of growth in major cities, the decline of rural areas, and the potential for revitalization through targeted migration and government strategies.
The conversation highlights the need for a national demographic strategy to address these issues and ensure a balanced future for all regions.
Takeaways
· Australia's population has grown by 3.7 million in the last decade.
· 80% of population growth occurred in the five largest cities.
· Infrastructure development is lagging behind population growth in our big cities.
· Regional towns are losing population due to a lack of jobs.
· Aging populations in rural areas are creating staffing shortages.
· Migration policies need to be more targeted to support regional areas.
· Social cohesion is at risk due to the divide between urban and rural populations.
· Future planning is essential to manage demographic changes effectively.
Chapters
00:10 Introduction to Australia's Demographic Trends
01:15 Population Growth Concentration in Major Cities
03:58 Challenges Facing Regional Towns
07:01 Potential for Revitalizing Rural Areas
10:15 The Role of Migration in Addressing Aging Population
13:05 Government Strategies for Regional Vitalization
15:13 Emerging Growth Hotspots in Australia
17:56 Two-Speed Economy: Urban vs. Rural
20:54 Future Planning for Population Growth
Links and Resources:
About Simon Kuestenmacher
Simon Kuestenmacher is co-founder and Director – The Demographics Group
Simon is a prolific media commentator on demographic and data matters and a columnist for The New Daily and The Australian newspapers.
He ranks as one of the world’s Top 10 influencers in data visualisation. If you can’t get enough of the kind of data that explains how the world works, make sure to follow Simon on Linked In or X (formerly Twitter) or any of his other social channels.
Click here for a media enquiry or if you would like to book Simon Kuestenmacher for a speaking engagement. His presentations and quirky observations are enjoyed by audiences from the financial services, property, government, education, technology, retail and professional services industries, among others.
About Michael Yardney
Michael Yardney- founder Metropole Property Strategists has been voted one of Australia’s 50 most influential Thought Leaders.
While he is best known as a property expert, Michael is also Australia’s leading expert in the psychology of success and wealth creation.
Michael is a #1 best selling author of 9 books and frequently challenges traditional finance advice with innovative ideas on property investment, personal finance and wealth creation.
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