The figures are in and it’s official: there has never been better time to be doing IVF.

According to the newly released Assisted Reproductive Technology in Australia and New Zealand report, record number of IVF babies are being born and an increased number of women are opting to freeze their embryos.

The report has revealed that the overall live birth rate per embryo transfer has increased from 23.6 per cent in 2013 to 26.8 per cent.

There have been 14,000 IVF success stories in Australia this year alone.

It also shows that the use of multiple embryos during the process has dropped to its lowest rate at 3.6 per cent.

As a result, the proportion of twins and triplets born following IVF treatment is now at a record low of 3.6 per cent.

It’s also believed that better technology at more clinics has also contributed to improved rates of pregnancy.

For the second year in a row, the birth rate following frozen embryo transfer cycles, which now sits at 28.9 per cent, is higher than fresh embryo transfer cycles, which sits at 24.1 per cent.

The use of pre-implantation genetic testing is reported to have increased by 24 per cent.