Where will Albo’s ‘Big Australia’ live amid extreme rental shortage?
Former managing director of residential developer Stockland, Mark Steinart, has questioned the efficacy of ramping-up immigration when Australia already has a chronic shortage of housing: Australia’s population grew by more than 25 per cent between the 2001 and 2016 Census years, however, the nation’s stock of occupied social housing shrank by 2.5 per cent.