Melbourne ground zero for population ponzi economics
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The lack of planning and foresight to cope with the immigration deluge into Australia’s big cities never ceases to amaze.
In the first 20 years of this century, Melbourne’s population ballooned by an insane 1.6 million people, representing a 46% increase:
Break-neck growth pre-pandemic.
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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.
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