Reserve Bank official says Australian population rebound may add to inflationary pressures

RBA official Marion Kohler says recovery in population could have ‘unanticipated or more pervasive effects’

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Australia’s speedy rebound in population growth could have “unanticipated or more pervasive effects” on the economy, potentially adding to inflationary pressures, a senior Reserve Bank official says.

The rise in numbers – potentially increasing the population by 700,000 over two years – was one of the biggest changes over the past six months, Marion Kohler, the RBA’s head of economic analysis, told a CEDA event in Perth on Wednesday.

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