Australia’s net overseas migration was 301,000 in 2025
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The Australian Bureau of Statistics (ABS) has released its official population statistics for the fourth quarter of 2025.
Australia’s population grew by 412,500 (1.5%) in 2025, driven by net overseas migration (NOM) of 301,000 (1.1% of the population):

The share of population growth from NOM remained historically high at 73% in the fourth quarter of 2025:
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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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