With another 1 million people expected to descend upon London over the next decade, properties located to key transport hubs on the new Crossrail transport links are anticipated by analysts to boom by another 40% over the next four years.
Finding 1 - Economic activity is focused on a few capital cities
Even in the mining states such as Western Australia, a third of employees in that industry live in the state's capital city of Perth, partly due to fly-in fly-out, and partly because the accountants, engineers, executive and administrators are based in the city locations.
"Businesses are more productive when they interact with larger numbers of customers, suppliers, competitors and partners, and when they can do so more frequently and closely. Employers are more productive when they have a larger pool of employees to draw on.
Grattan advises that governments need to rezone or make land available for more people to live close to the cities while also improving transport links for those located in middle ring suburbs.