Monday May 17, 2010
 
Slower population growth to ease upward pressure on interest rates

Population growth in Australia is set to slow considerably in 2010/11 and 2011/12, as net overseas migration declines from record highs, according to leading industry analyst and economic forecaster, BIS Shrapnel.
 
This outlook is a key factor of BIS Shrapnel’s newly released medium-term forecasts which are part of its Building in Australia 2010 report. The report notes that in the two years over 2007/08 and 2008/09 net overseas migration delivered a comparable population impact to that observed over the five years to 2005/06.

Contact: Robert Mellor