QLD population growth falls below national average

Data released this morning by the ABS shows that in the first quarter of 2014 the population growth rate in Queensland fell below the national average. Total Queensland population increased by 1.6% from the previous year to 4,708,510. The nation as a whole saw growth of 1.7% to 23,425,741.

The reason for Queensland’s falling behind is the sharp decline in net interstate migration. In the first quarter of 2014 a net 689 people moved from interstate to Queensland. This is the lowest net migration for any quarter in 4 years and only the second lowest since 1981. A decade ago Queensland was seeing net interstate migration of about 8,000 people each quarter.

The States with the highest growth were WA (+2.5%) and Victoria (+1.9%). Bottom of the pack was Tasmania (+0.3%) which saw net migration away to other states of 252 in the quarter.

UPDATE: Gene Tunny at Queensland Economy Watch has also posted on this topic, with accompanying graphs.

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