Building boom needed

Building boom needed

In 1988 the Australian Bureau of Statistics (ABS) projected a population of 25 million by 2050. Australia reached that estimate 30 years earlier. The ABS now projects a population of 30 million by 2030.  Mike Day says that, at this growth rate, Australia will need to build a new city the size of Darwin every 3 months for the next 40 years.

 

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Kevin Turner
kevin@realestatetalk.com.au
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