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One ‘benefit’ of having some of the world’s most expensive homes, alongside a high home ownership rate, its that it makes households ‘rich’.
That’s the conclusion from the latest Credit Suisse Global Wealth Report, which has declared Australian households the worlds richest:
Aussies top global wealth rankings.
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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.