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According to the latest Australian Bureau of Statistics (ABS) report, Australia’s population is expected to reach 27.2 million by June 2024, marking a 2.1% increase. However, birth rates have fallen to their lowest level in 20 years, with only 289,100 births projected—a 0.7% decline from the previous year.
Experts like Dr. Liz Allen from the Australian National University attribute the decline to rising living costs, housing prices, and economic uncertainties. While population growth remains steady due to migration, the decreasing birth rate signals potential long-term demographic challenges for the nation.
How do you think Australia should address this issue? Share your thoughts below!
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