The latest release of population estimates by the ABS last week revealed that Australia’s population grew by 0.25% in December 2021 quarter, and by 0.5% through 2021. Natural increase remained the largest contributor to quarterly growth, adding 34,200 people. However, in contrast to most of 2020 and 2021, net overseas migration (NOM) contributed almost half of the total increase (29,100 people).
So, for the first time since the onset of the global pandemic, Australia’s net overseas migration has returned to positive. Nevertheless, it was still much lower than levels seen before, with total number of overseas arrivals in the December 2021 quarter 41% fewer than in the December 2019 quarter, indicating that passenger flows (which include tourists as well as migrants) to Australia have yet to fully recover.