Credit score Suisse has dubbed Australians because the ‘world’s richest individuals’. But our economic system is not almost as enviable as would possibly first seem.
Look alive, Australians, for we’re the “richest individuals on the earth”.
Or so many media shops reported final week, after funding financial institution Credit score Suisse launched its newest International Wealth Report.
It discovered the median Australian’s wealth was roughly $408,717 in 2021, with Belgium, New Zealand, Hong Kong and Denmark rounding out the highest 5. Virtually 2.2 million Australians at the moment are millionaires, up 390,000 since 2020.
