Aussie youth crushed into tiny houses as aged feed and fatten

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Roy Morgan Research (RMR) has released a new survey trumpeting that Australians have become much wealthier over the past 12 years, outperforming most nations in the OECD:

The second edition of the Wealth Report focuses particularly on how net wealth has changed since just before the onset of the global financial crisis. Australia performed very strongly over the past 12 years compared with other OECD nations – particularly in Europe where many nations went backwards over the same period.

Key findings of the report include:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.