Sydney’s official population projection upgraded

Advertisement

The NSW Department of Planning, Industry & Environment has updated its population projections for Sydney, with the city’s population revised upwards by 240,000:

As shown above, Sydney’s population is projected to increase by 2 million people in the 22 years to 2041 – equivalent to adding a Perth or around five Canberra’s.

Planning Minister, Rob Stokes, was quick to downplay concerns:

Advertisement

Planning and Public Spaces Minister Rob Stokes said there was no cause for panic with the State government’s infrastructure program able to accommodate the growing population.

“These new projections show the diverse regions of NSW remain among the most desirable places to live in Australia,” he said.

“We have the biggest infrastructure program in the nation to ensure we have the homes, hospitals, schools, roads and other infrastructure and services that our future generations will need.

This is complete BS of course, with Infrastructure Australia’s projections showing that all measures of liveability – traffic congestion, commute times, access to jobs, schools, hospitals and open space – will worsen as Sydney’s population explodes, irrespectively of how it builds out:

Advertisement

Sydneysiders will also be shoehorned into high-rise apartments:

And there will obviously be more acute water shortages in trying to nourish another 2 million residents.

Seriously, who voted for this?

Advertisement

Cut immigration now:

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.