Population boom
Interesting AMP chart summarising the latest net immigration figures, with the annualised pace running at an even faster pace than at the peak of the mining boom.
Westpac also highlights the epic surge in student visas, with likely up to another 50,000 Chinese students suddenly on their way back to Australia in due course.
Source: Westpac
Add in the natural growth of the population and this backs up my thinking that population growth is running at record levels at an annualised pace of over 500,000.
