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Australia’s population reaches a new milestone - 24 million!

Sydney Running Festival 2015 Source: AAP

With a total growth at 1.4 per cent, Australias population growth is higher than New Zealand, the United States, the United Kingdom and China.

Migrants have contributed the most to the growth of Australia over the years. But is the faster-than-expected population growth good for the economy?

 

The Assistant federal Treasurer, Alex Hawke, says there is still scope for growth - "When you travel all around the world I think all of us know that Australia has a very small population on a very large continent and we can certainly sustain more people and we can sustain them in a good quality of living and in a harmonious society as well."