Population Growth Still Modest

In an article in the SMH Business Day today Aaron Gadiel, chief executive of the developer lobby group Urban Taskforce, worries that Sydney's population is not growing as rapidly as people believed. He suggests that Sydney's property values would "plummet" if there was a government-imposed freeze in its population. Not so long ago the fear was of the opposite, with Kevin Rudd seeking a huge growth in population which justified five storey mixed residential and commercial development of the Beecroft Village shopping centre. I guess residents of Beecroft and Cheltenham will be hoping for a sensible balance between these two extremes! That should surely obviate the need for ruining the character of our lovely village!