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Other nations living standard are on the rise whilst we still are in decline. Who is to blame?
View attachment 90940
Aussies have borrowed too much money.
Australia turns nation of millionaire mortgage slaves
The latest edition of the UBS Global Wealth Report shows that Australia now boasts 1.9 million US-dollar millionaires, whose combined wealth is now $US5.4 trillion ($8 trillion). UBS has forecast that the number of US-dollar millionaires will rise by 21% to more than 2.3 million by 2028, due to...
www.macrobusiness.com.au