Population ponzi drives Melbourne vacancy rates to decade low

Tuesday 21 March 2017

Remember this chart? It shows that Victoria’s population growth surged by an all-time high 123,100 people in the year to June 2016:

Suggesting Melbourne’s population grew by circa 105,000 over the same period, given historical population shares.

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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.