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How much wealth do Aussies have today? It s never been higher

Image source: Getty Images Last year, one of the strange side-effects of the coronavirus pandemic was an overall increase in household wealth. A rapidly rebounding share market, coupled with a similar move in the national property market helped Aussies feel like there was at least some upside to the roller-coaster that was 2020. Record governmental stimulus programs, such as JobKeeper and a temporary doubling of JobSeeker, also helped mightily. But how are Aussies faring in 2021 so far, now that much of this stimulus has been wound back? Never better, according to the Australian Bureau of Statistics (ABS). Rising tides of property and shares are lifting the Aussie wealth boat

Katherine keenanAustralian bureau of statisticsAustralian bureauக்யாதரிந் கீநெந்ஆஸ்திரேலிய பணியகம் ஆஃப் புள்ளிவிவரங்கள்ஆஸ்திரேலிய பணியகம்

The award for the fakest news headline goes to

MacroBusiness Access Subscriber Only Content The Australian. Seriously, check out the below headline relating to today’s Intergenerational Report (IGR), which will be released by Treasurer Josh Frydenberg this afternoon: Australia’s population to shrink? WTF? Australia’s current population, according to the Australian Bureau of Statistics (ABS), is 25.7 million. According to today’s IGR, Australia’s population will reach 38.8 million by 2060-61. That’s a whopping increase of 13.1 million people – equivalent to adding another Sydney, Melbourne and Brisbane to Australia’s existing population over the next 40 years. On what planet does The Australian live to claim that a ~50% increase in Australia’s population constitutes shrinking? Especially when its own chart shows the polar opposite:

New south walesJosh frydenbergAustralian bureau of statisticsIntergenerational reportTreasurer josh frydenbergAustralian bureauபுதியது தெற்கு வேல்ஸ்ஆஸ்திரேலிய பணியகம் ஆஃப் புள்ளிவிவரங்கள்இடைநிலை அறிக்கைஆஸ்திரேலிய பணியகம்

Australian property developers want immigration ramped up so more apartments can be built

The Urban Development Institute of Australia wants pre-pandemic immigration levels revived in a bid to rev up apartment market construction . Treasury is forecasting a big population slowdown.

New south walesJosh frydenbergSimon basheerDevelopment institute of australiaAustralian bureau of statisticsCommittee for economic development of australia onUrban development instituteIntergenerational reportWorld warWentworth pointAustralian bureauMay budgetWynyard stationEconomic developmentபுதியது தெற்கு வேல்ஸ்சிமோன் பஷீர்

Melbourne lockdowns to have lasting impact on young people from migrant backgrounds

Melbourne lockdowns to have lasting impact on young people from migrant backgrounds
sbs.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sbs.com.au Daily Mail and Mail on Sunday newspapers.

New south walesMallika murthyCarmel guerraScott cardwellYusuf mohamedPascasie muderwayAngelica ojinnakaCentre for multicultural youthAustralian bureau of statisticsSomali regionMulticultural youthAustralian bureauYouth allowanceMarianna de liseoபுதியது தெற்கு வேல்ஸ்கார்மல் கெர்ரா

Australia s iron ore export to China sets another record in May – report | Hellenic Shipping News Worldwide

Australia s iron ore export to China sets another record in May – report | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

United kingdomSouth koreaAustralian bureau of statisticsAustralian bureauஒன்றுபட்டது கிஂக்டம்தெற்கு கொரியாஆஸ்திரேலிய பணியகம் ஆஃப் புள்ளிவிவரங்கள்ஆஸ்திரேலிய பணியகம்