Two months ago, Infrastructure Victoria forecast that the state’s population will grow from around 6.6 million at the moment to 10.8 million by 2051, and that the population of Melbourne’s ‘fringe’ suburbs will increase by over 900,000 people over that time:
Now Infrastructure Australia has released a new report warning that infrastructure and services are failing to keep pace with rapid population growth in outer suburban areas, which is harming living standards:
Population growth is rapidly outstripping demand for vital social infrastructure in Melbourne’s seven fastest growing local government areas…
The full text of this article is available to MacroBusiness subscribers
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.
