ABS: Capital city households to increase 50% in 25 years

Thursday 14 March 2019

The ABS released interesting household formation projections yesterday, which forecast a 50% increase in the number of households across Australia’s capital cities in the 25 years to 2042:

As shown above, Melbourne is projected to lead household formation with a 63% increase; although it will be strong across the board with the exception of Adelaide.

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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.