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It took Melbourne 165 years to hit a population of 3.5 million at the turn of the century.
Over the first 25 years of this century, Melbourne’s population has grown by nearly 2 million, causing immense strain on housing, infrastructure, services, law and order, and overall living standards.
The state government has also been buried in debt via a combination of financial mismanagement and trying to provide infrastructure and services to the ballooning population.
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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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