The Australian Bureau of Statistics (ABS) released population data showing that Australia’s capital cities expanded by 2,516,103 people in the decade to 2021, led by the migrant epicentres of Melbourne (+806,791 people) and Sydney (+650,815 people):
A ‘lack of housing supply’ is often blamed for Australia’s housing affordability woes. However, separate ABS dwelling approvals data shows that capital city approvals hit record levels last decade:
In the decade to June 2021, Australia’s capital cities averaged 149,000 dwelling approvals a year, a massive increase from the 106,000 average yearly approvals in the decade to June 2011.
Clearly, anybody still trying to claim that a ‘lack of supply’ is to blame for Australia’s housing affordability woes needs their heads read. Australia built more homes than ever.
Rather, it is excessive immigration-driven population growth that has caused any supply shortfall.
Sadly, the Albanese Government has committed to Australia’s biggest temporary and permanent migrant intake in this nation’s history via:
- Lifting Australia’s permanent non-humanitarian migrant intake by 35,000 to a record high 195,000;
- Lifting temporary migration to record levels by:
- Expanding work rights for international students via:
- Uncapping the number of hours international students can work while studying for another year; and
- Extending the length of post-study work visas by two years.
- Committing to clear the ‘backlog’ of “nearly one million” visas awaiting approval.
- Expanding work rights for international students via:
In turn, the Albanese Government will ensure that housing supply never keeps pace with runaway migrant demand.
With friends like the Albanese Government, who needs enemies?