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International consultancy firm, Boston Consulting Group (BCG), has released a new report examining transport in the Australasian region’s major cities and has found that rapid population growth (driven by immigration) is having a deleterious impact on travel times:
Cities in Australia and New Zealand are growing and changing at a significant pace. In addition to having some of the highest population increases in the Organisation for Economic Co-operation and Development, Australasian cities are affected by global trends such as escalating urbanisation…
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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.
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