Water storages plunging as Australia’s population balloons

Tuesday 7 May 2019

With Australia’s population ballooning on the back of mass immigration, and projected to add around 360,000 people a year until 2066, The Economist last week warned that Australia likely to experience a “severe water shortage” by mid-century.

We won’t need to wait until mid-century, however, with dam levels across Sydney, Melbourne and Brisbane already hitting decade lows. From The Guardian:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.