Lord Mayor lashes Sydney’s slum towers

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Last year, Sydney’s Lord Mayor, Clover Moore, warned of high-rise “ghettos of the future” arising from the Berejiklian Government’s proposed higher-density targets:

“This is a planning disaster and a significant threat to Sydney’s future economic growth and livability.

“The reality is that the pretty pictures in the government’s brochures will turn out to be the ghettos of the future.

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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.