Melbourne “economic powerhouse” delivers falling living standards

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According to SGS Economics and Planning, Melbourne is fast closing in on Sydney as Australia’s “economic powerhouse”:

Melbourne is driving national economic growth…

SGS Economics and Planning found that during 2018-19, the Melbourne economy alone accounted for 40 per cent of Australia’s total growth…

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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.