Australian Housing Dynamics and Affordability slide image

Australian Housing Dynamics and Affordability

AUSTRALIAN ECONOMY - STATE BY STATE CHANGE IN EMPLOYMENT BY STATE¹ Past 3 years -4.0 NSW VIC % yoy 6.0 4.0 2.0 0.0 -2.0 STATE FINAL DEMAND (STATE GDP)¹ gudha NT Tas ACT SA WA TAS SA QLD WA Qld -6.0 -8.0 Vic NSW -10.0 -100 000's 130 80 60 30 30 -20 VIC 2014 2015 2016 2017 2018 2019 0 100 200 300 400 ■'000 change in employment over 3yrs to Sep-19 MAJOR INFRASTRUCTURE PROJECTS² 14-15 15-16 16-17 17-18 18-19 19-20 20-21 21-22 22-23 23-24 North-South River Torrens to ANZAC Hwy (SA) North-South ANZAC Hwy to Darlington (SA) Melbourne Airport Rail (VIC) Pacific Motorway to Raymond Terrace (NSW) Western Sydney Airport Rail (NSW) Western Harbour Tunnel (NSW) ■New Women's and Children's Hospital (SA) ■F6 Extension Stage 1 (NSW) ■Snowy Hydro Expansion (NSW) North East Link (VIC) ■Sydney Metro West (NSW) ■Cross River Rail (QLD) ■75 by 2025 Level Crossing Removals (VIC) Parramatta Light Rail Stage 1 (NSW) Badgerys Creek Airport (NSW) Melbourne-Brisbane Inland Rail (National) West Gate Tunnel (VIC) ■Metronet Forrestfield Airport Link (WA) ■Melbourne Metro (VIC) ■Sydney Metro City and Southwest (NSW) ■Level Crossing Removals (VIC) ■CBD and South East Light Rail (NSW) North Connex (NSW) ■WestConnex (NSW) ■Pacific Highway - Woolgoolga to Ballina (NSW) ■Sydney Metro Northwest (NSW) NBN (National) ■Completed projects POPULATION GROWTH¹ Sydney (Total: 118,133) Natural Increase: 51,513 NOM: 88,871 % yoy 22 3 20 2.5 18 NIM: -22,251 Melbourne (Total: 117,738) 16 Natural Increase: 35,491 2 NOM: 77,065 14 NIM: 5,182 1.5 AUDbn 12 1 10 0.5 8 0 6 -0.5 4 QLD ACT WA SA TAS NT 2 NSW Natural Increase ('000) Net Interstate Migration ('000) Sources: 1. ABS. 2. ANZ Research Net Overseas Migration ('000) % Increase (RHS) 0 ANZ 116
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