Dwelling supply to fall way behind population growth

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With last week’s release of dwelling approvals data for the September quarter, it’s once again time to examine how Australia’s dwelling supply is tracking against population growth.

The below charts track the following, which are based on the latest available quarterly data:

  • Dwelling approvals to September 2019;
  • Dwelling commencements to June 2019;
  • Dwelling completions to June 2019; and
  • Population change to March 2019.

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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.