[Podcast] Is Australia growing too fast? Population Booms and Their Price, with Ross Elliott

Is Australia growing too fast?

That’s the question we’re going to ask today.

Joining me today is Ross Elliott, a seasoned urban development commentator whose recent article has stirred the pot by highlighting the consequences of Australia's population surge, especially in hotspots like Southeast Queensland.

His insights shed light on the pressing issues that come with the significant growth Australia is experiencing.

Our conversation uncovers the historical layers of urban density policies and how these affect the development of sufficient infrastructure, such as schools and utilities.

We also consider the social inequalities that may deepen because of this rapid growth and discuss the government's plan to construct 1.2 million new homes.

Since you're most likely interested in the future of the Australian housing market, this is an important topic for you to learn about.

Population pressures and planning with Ross Elliott

Ross Elliott has spent close to 30 years in real estate and property roles, including as a State Executive Director and Chief Operating Officer of the Property Council of Australia, as well as a national executive director of the Residential Development Council.

He has authored and edited many research and policy papers and spoken at numerous conferences and industry events.

So in today's conversation, we’re going to unpack the realities behind the population growth headlines.

• Australia is experiencing a population surge, especially in Southeast Queensland
  • This leads to a strain on more than just housing – infrastructure issues like hospitals, schools, roads, other means of transport, energy, and potable water are also at issue.
• The players behind population growth
• Why Southeast Queensland is suffering more than other areas
  • Melbourne and Sydney are growing at a slower rate per annum than Southeast Queensland
• Urban density planning and the federal government's role in shaping housing and infrastructure demands
• The societal divides that may deepen due to uneven growth
• The government's ambition to construct 1.2 million new homes over five years
• Urban planning solutions, such as vertical schools and repurposing CBD office spaces
• The challenges of urban congestion and potential solutions to traffic management

As we look to the future, it becomes clear that strategic planning and a willingness to adopt new solutions are key to ensuring Australia's cities thrive in the face of rapid urban growth.

Links and Resources:

Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us

Get a bundle of eBooks and reports – www.PodcastBonus.com.au

Find Ross Elliott’s blog here

Join us at Wealth Retreat 2024 on the Gold Coast in April 2024 – click here to find out more

Some of our favorite quotes from the show:

“Density is destiny. I used to say demographics is destiny. But I think you’re right, density is going to affect how we live.” – Michael Yardney

“So, I think the long timeframes in developing infrastructure don't work in the shorter political cycles of wanting to get reelected again. People in these outer areas probably don't make up enough of the electorate to spend the money there.” – Michael Yardney

“But it goes beyond that when you sincerely work hard on yourself, you naturally develop a deeper level of confidence, and when your confidence increases, you make bolder choices.” – Michael Yardney

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