Government housing targets will obliterate green space

Friday 26 July 2024

The Australian Bureau of Statistics (ABS) reported that Melbourne’s population increased by 1.7 million people (49%) between 2001 and 2023, primarily due to net overseas migration.

The Victorian government predicts that Melbourne’s population will reach 9.0 million by 2056.

If this objection came true, Melbourne’s population would have increased by 5.5 million in just 55 years from 3.5 million in 2001.

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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.