Sydney will die of thirst long before it hits population targets

Thursday, 24 October 2019

The 2000s Millennial Drought was said to be the worst drought in Australia’s recorded history.

This drought saw Sydney’s water storages plummet to around 33% capacity in 2006.

Thirteen years on and history is repeating in Sydney, with water storages plummeting at an even sharper rate to just 48% currently, despite Sydney’s desalination plant operating at full capacity:

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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.