Perth and Darwin in mining-related rental bust

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By Leith van Onselen

SQM Research has released its rental vacancy data for November, which revealed a slight 0.1% monthly increase in the national vacancy rate to 2.2%, but no change from November 2013:

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However, the unwinding of the mining boom continues to have a drastic impact on Perth and Darwin:

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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.