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Commitments - purchase of new

More analysis of population growth and housing supply

Over the last few years we have consistently seen that Australia’s population has been growing strongly with more migrants and an improving birth rate resulting in a jump in natural increase (total births minus total deaths).  During the 12 months to June 2009 we have witnessed a slowdown in the rate of population growth, largely […]

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What to do, what to do about affordable housing and supply?

There was some very interesting commentary this week on the state of the property market.  Firstly, Ric Battellino the Deputy Governer of the Reserve Bank gave a speech on myriad of issues including dwelling supply at the national Housing Supply Conference in Melbourne this week.  His comments agreed with the consensus (yours truly included) that […]

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Fertility rate over time

How to manage our population boom?

Australia is going through a baby boom.  Over the last year 293,600 babies were born in Australia; an absolute record number of new arrivals.  At the same time, Australia is recording the highest level of overseas migration on record.  The steep ‘natural increase” (ie births minus deaths) and the rate of overseas migration have combined […]

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Variable mortgage rate last ten years

Housing affordability likely to move back onto centre stage.

The decision from the Reserve Bank to raise interest rates by a further 25 basis points has been met with mixed reactions.  First home buyers and low income households are going to feel the pinch the most, as are those mortgage holders that managed to stretch their budgets too thinly without allowing for the time […]

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Disconnect

Population growth is booming but housing starts remain at historic lows

According to the ABS, Australia’s population growth has hit the record books (again) with a net increase of 439,000 new residents over the year to March 2009. To provide some perspective, in raw numbers Australia’s population growth has never been this high.  In percentage terms, population growth hasn’t been this high since the baby boom. […]

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