A Portrait Of Australia.

A Portrait Of Australia
June 28 2007 - Australasian Investment Review – (AIR)

Australia is growing older, Australians are earning more money, Hinduism and non-Christian religions are growing and women do more chores than men.

The first results from the 2006 census, released yesterday, show that the average household is earning $200 more a week than in 1996.

It has two cars and is more likely to have a broadband internet connection. But it is less likely to contain two parents with kids and more likely to contain one person or a single parent with dependent children.

And as a nation, we are ageing, with the average age up to 37 last year from 34 in 2001 and the share of the population aged 65 and over increased from 12.1 per cent to 13.3 per cent.
There are now fewer people as a proportion in the population aged under 15 than there were in 2001. This age group decreased from 20.8 per cent to 19.8 per cent as a share of total population during the five years from 2001.

However, the Census also provides some evidence that we have turned the corner and that the long-term decline in fertility rates has bottomed.

Preliminary figures show that the number of births in Australia in 2006 was 266,000 – the highest number since 1971 and the second highest in Australian history.
This baby boom of recent years would help rebalance our demographic profile and help us tackle the ageing population.

For every 100 women in Australia, there are 97 men.(Great if you are a single male.)

The Census revealed that the median household income in Australia last year was $1000 - $1199 per week, up from the 1996 median of $600 - $699.

But homeownership, a long held ambition and goal for generations of Australians, is waning.
The Census found that we are now less likely to own our own home outright and more of us are paying one off.

In 2006, 33 per cent of homes were fully-owned, down from 41 per cent, and almost one-third were still being purchased, up from one-quarter.
Rented properties accounted for 27 per cent.

New census questions show that just over 37 per cent of Australians questioned during the census had broadband internet, while about 20 per cent had dial-up.

In the home, the average Australian woman does between five and 14 hours of domestic work a week, compared with the average man, who does less than five hours.
More than one-third of women reported doing more than 15 hours of unpaid chores per week, compared with 12 per cent of men.

One in 25 Australians needs daily help with basic activities such as self-care, moving around or communicating and almost one in five Australians performed voluntary work in a year.

Marriage is still the norm for couples, although married couples now account for a lower share of the population than they did in 1996 - down from 53.3 per cent to 49.6 per cent.

The number of followers of Hinduism has more than doubled since 1996, now covering 0.7 per cent of the population, followers of Buddhism also doubled to more than 2 per cent of the population. Islam accounts for 1.7 per cent and Judaism 0.4 per cent.

Christianity remains the dominant religion; its followers rose slightly, from 12.6 million people to 12.7 million but fell as a proportion of the population from 71 per cent to 64 per cent.
Almost 19 per cent of Australians said they had no religion.

The number of young people living with their parents grew by 8 per cent and the number of students dependent on their parents rose by 14 per cent.

In 2006, 59 per cent of all 15-24 year-olds lived with their parents.

The census counted 19,855,289 Australian residents on August 8 last year but this differs from the ABS estimate of 20,701,500, which took into account Australians who were temporarily overseas.

Australia’s population is set to pass 21 million tomorrow, according to calculations from the 2006 Census of Population and Housing.

Queensland’s population is growing faster than any other state in Australia, The census counted 3.9 million Queenslanders, an increase of 20.2 per cent from 1996.

In the same period, the overall Australian population grew by 11.9 per cent. Brisbane was the fastest growing capital city, with an increase of 21.5 per cent in the 10 years between surveys.

NSW was still the largest state with a population of seven million.

Copyright Australasian Investment Review.
AIR publishes a weekly magazine. Subscriptions are free at www.aireview.com.au

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