High-rise apartment pipeline finally passes its peak

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By Leith van Onselen

A month ago, UBS’s George Theranou reported that there was still a huge pipeline of apartments to be constructed:

“[In the June quarter there were] 229,000 dwellings under construction, including 156,000 private multi-dwellings,” UBS says.

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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.