A land of sweeping plains & shoebox apartments

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By Leith van Onselen

Below are some interesting charts compiled from today’s dwelling approvals data from the ABS. They show the massive increase in unit and apartment construction across Australia’s capital cities.

First, the summary chart showing capital city approvals by dwelling type on a rolling annual basis:

ScreenHunter_6321 Mar. 03 13.10

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.