Latest Accounting News

Quarter 2 of, 2017 archive

  • ‘Bank-like heists’ make way for new wave of cyber crime
  • ATO reports on key contraventions for 2016-17
  • ATO, mid-tiers warn on common expenses myths
  • SMSF trustees told to take action on contributions
  • Higher instant asset write-off threshold for small business extended
  • Australian population figures
  • New data points to spiralling retirement costs
  • Personal insolvency numbers spike across Australia
  • ATO cracking down on taxable fringe benefits
  • Intangible capital improvements made to a pre-CGT asset
  • The three core pillars of this year's budget
  • Federal Budget - 2017-18 - Overview
  • Does your business import or export goods and services?
  • Federal Budget - 2017-18 - Budget documents
  • When does an asset cost less than $20,000? Depreciating assets: composite items
  • ATO finalises guidance for capped defined income streams
  • Warning on trap with trust deed updates
  • 2011 Census - what was the make up of your area?
  • It’s no secret that Australians have some of the largest houses in the world.
  • Resources on our site to help you and your family.
  • ATO defends approach to SG compliance
  • Essential steps for SMSF clients before 30 June
  • New tax incentives for early stage investors
  • FBT Reminder – Odometer Reading
  • ATO on 'aggressive' debt recovery hunt
  • More ATO downtime looms ahead of tax time
  • Tax debt release applications refused
  • Troublesome tax system overhaul picks up speed
  • Government to ‘put to bed’ uncertainties with TRIS
  • Travel expense and transport of bulky tools claim denied
  • New law sheds light on global tax issues
  • Report tips housing price spikes to wipe out super savings
  • Australian population figures

    The following information covers Australia's recent population trends and movements.

               

     

    SEPTEMBER KEY FIGURES

    http://www.abs.gov.au/icons/ecblank.gif

    Population at end Sep qtr 2016

    Change over previous year

    Change over previous year

    PRELIMINARY DATA

    '000

    '000

    %


    New South Wales

    7 757.8

    109.6

    1.4

    Victoria

    6 100.9

    127.5

    2.1

    Queensland

    4 860.4

    67.7

    1.4

    South Australia

    1 710.8

    9.4

    0.6

    Western Australia

    2 623.2

    25.2

    1.0

    Tasmania

    519.8

    2.6

    0.5

    Northern Territory

    245.7

    0.8

    0.3

    Australian Capital Territory

    398.3

    5.8

    1.5

    Australia(a)

    24 220.2

    348.7

    1.5


    (a) Includes Other Territories comprising Jervis Bay Territory, Christmas Island and the Cocos (Keeling) Islands.


     

    SEPTEMBER KEY POINTS


    ESTIMATED RESIDENT POPULATION
     

    §  The preliminary estimated resident population (ERP) of Australia at 30 September 2016 was 24,220,200 people. This is an increase of 348,700 people since 30 September 2015, and 91,300 people since 30 June 2016.

    §  The preliminary estimate of natural increase for the year ended 30 September 2016 (155,500 people) was 5.1%, or 7,500 people higher than the natural increase recorded for the year ended 30 September 2015 (148,000 people).

    §  The preliminary estimate of net overseas migration (NOM) for the year ended 30 September 2016 (193,200 people) was 8.9%, or 15,800 people higher than the net overseas migration recorded for the year ended 30 September 2015 (177,400 people).



    POPULATION GROWTH RATES
     

    §  Australia's population grew by 1.5% during the year ended 30 September 2016.

    §  Natural increase and NOM contributed 44.6% and 55.4% respectively to total population growth for the year ended 30 September 2016.

    §  All states and territories recorded positive population growth in the year ended 30 September 2016.

    §  Victoria recorded the highest growth rate of all states and territories at 2.1%. The Northern Territory recorded the lowest growth rate at 0.3%.

     

    Source:  Australian Bureau of Statistics

     

    Use this to send us your files securely

    30 Rowan Street, Wangaratta VIC 3677
    Phone 03 5721 6766
    Fax 03 5721 6584
    Email enquiry@obts.com.au
    ABN 85 922 198 593