AMA: Population ponzi has crushed Victoria’s medical system

Wednesday, 19 January 2022

As we know, Victoria has experienced the strongest population growth in Australia.

Since the turn of the century, the state’s population has ballooned by 2.0 million people – a 42% increase in only 21 years.

This extreme population growth is expected to continue ad infinitum, according to the latest Intergenerational Report, with Australia’s population projected to rise by 13.1 million people (50%) over the next 40 years on the back of extreme 235,000 annual net overseas migration:

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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.