With last week’s release of population growth data for the September quarter, it is once again time to examine how Australia’s dwelling supply is tracking against population growth, as projected in the 2020 federal budget.
The below charts track the above population projections against the latest available quarterly dwelling construction data, specifically:
- Dwelling approvals to September 2020;
- Dwelling commencements to June 2020; and
- Dwelling completions to June 2020.
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