Population explosion to derail Sydney’s train system

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Last month, the NSW Department of Planning, Industry & Environment 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.

This massive population growth threatens to derail Sydney’s train system, according to a new Government report marked “Cabinet-in-confidence”:

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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.