Analysts in Australia agree that the apartment-building boom has finally peaked and with it the substantial contribution to growth.
The number of millionaires in Australia rose by 200,000 over a 12 month period, growing to 1.16 million accroding to Global Wealth Report.
Australia has seen a considerable dip in the unemployment rate, keeping the job growth robust in this country. In one month alone, 19,800 new Australian jobs were created.
Australian job vacancies have hit the highest level ever recorded, according to the Commonwealth Bank. This is good news for anyone trying to find a job in Australia.
Australia’s estimated population has soared by almost 340,000, making the residential population 24.512 million in the year.