University students shun Victoria, adding to rental pain

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Melbourne’s harsh 16 week lockdown has driven interstate applications for places at Victorian universities in 2021 down 13% compared to 2020. By contrast, interstate applications for places at NSW universities are up 14.9% compared with 2020.

Demographics Group MD Bernard Salt notes that applications would have been made at the height of Victoria’s lockdowns in October and November, meaning that students and their parents would have been questioning how safe Victoria was, along with their ability to get work in hospitality jobs under tough COVID-19 restrictions.

From The Australian:

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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.