Budget 2024: 110,000 New Residents in 5 Years: Queensland to Lead the Country in Net Migration

Queensland will experience a population boom in the next five years with an interstate migration gain of over 110,000 people from other parts of Australia. The 2024-25 budget papers (pdf) have projected the population growth of states and territories in the coming years. While over half of the jurisdictions will suffer a net interstate migration loss, Queensland will emerge as a hot spot for domestic migrants. Net interstate migration is a metric that measures the change in the movement of people between different states and territories involving a change in residence. It is calculated by deducting the number of migrant departures against arrivals in a region....