Melbourne: Lord of the population ponzi

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By Leith van Onselen

The Australian Bureau of Statistics (ABS) yesterday released its Regional Population report for the 2013-14 financial year, which revealed that Melbourne remains king of the population ponzi, adding a whopping 95,700 people (an MCG’s worth) to its population in 2013-14, representing growth of 2.2%:

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The highest rate of growth, however, was in Perth (2.5%), which continued to feel the flow-on effects of the mining boom.

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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.