Fake Green holds town hall meeting for fake housing solutions

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As we know, Australia’s rental vacancy rate is the tightest on record, which is driving strong rental price inflation across the capital cities.

Rental market summary

Source: Shane Oliver (chief economist at AMP)

The primary driver is obvious: the Albanese Government’s unprecedented immigration deluge, which delivered a record 454,000 net overseas migrants in the year to March:

Net overseas migration
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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.