Home loans are not the only things that will be affected by this growth. One need only look at the recent state and federal budgets to see that the government is pumping money into infrastructure all around the country in order to keep up with an ever-rising population.
Budgets go large on infrastructure
The federal budget has allocated $50 billion to Australian infrastructure. This investment will help build an East-West link in Melbourne, a freight link in Perth and help fix up various obsolete roadways around the country.
It will also give $3.5 billion for the development of the quickly growing Western Sydney region.