Markets

Australia’s economy has grown for 25 years, but it’s come at a cost

Australia brought up a historic, and near unprecedented economic record in the June quarter this year: 25 years of uninterrupted economic growth. At 3.3%, the year-on-year GDP growth rate was the fastest pace in four years, a remarkable achievement given Australia is in the midst of an economic transition on […]
Australia’s economy has grown for 25 years, but it’s come at a cost
Markets

Here are the areas in Australia with the oldest populations

Australia has an aging population, particularly in regional areas. This is not better demonstrated than in the table below from CoreLogic. It shows the top 50 council regions that have the highest percentage of Australians aged 65 years and older, the current cutoff to receive the old age pension, at […]
Here are the areas in Australia with the oldest populations
Markets

A staggering number of Australians were born in another country

Australia is regarded as a multicultural nation, and now we have the figures to prove it. According to migration data released by the Australian Bureau of Statistics (ABS) earlier today, the proportion of Australians born overseas hit the highest level in over 120 years in 2015, rising to 6.7 million […]
A staggering number of Australians were born in another country