Australian EconomyAustralian Property

Government housing targets will obliterate green space

Leith van Onselen
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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.

Melbourne's Population

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

Victorian population projection
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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.