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Australia's Birth Rate Hits Record Low: Why Families Are Shrinking
28 May
Summary
- Australia's fertility rate dropped to a record low of 1.48 in 2024.
- One in four women aged 18-45 now say they won't have children.
- Rising costs and future worries deter parenthood for many Australians.
Australia is experiencing a significant decline in its birth rate, with the national fertility rate reaching an all-time low of 1.48 births per woman in 2024. This marks a substantial 25% decrease from its peak in 2008.
These demographic shifts are driven by several factors, including economic pressures. Many women aged 18 to 45 are opting out of parenthood altogether, with one in four stating they will not have children.
For those who do plan to start families, the trend indicates smaller family sizes compared to the past.
The primary reasons cited for these decisions include the high cost of raising children, significant housing affordability challenges, and pervasive concerns about the future of the world.
These trends have substantial implications for Australia's future population, workforce, and economy, potentially impacting productivity growth and the tax base needed to support an aging population, although migration has historically offset these effects.
