According to the Australian Bureau of Statistics population clock the population of Australia is now over twenty-two million. One of the major factors contributing to population growth is the increase in levels of immigration in recent years. The ABS estimates that Australia's population increases at rate of one birth every one minute and 44 seconds, and one immigrant every one minute and 53 seconds. Australia's population has doubled since 1963; At that time Australia only allowed entry of European migrants.
In the last year Australia has seen it largest ever increase in population of 406,083 people. The record birth rate alone in the last year was 300,000. It is estimated that at the current rate Australia's population will reach 40 million people by 2050. Ten years ago the ABS forecast a population of 23.5 million by 2051.