Planning to move to Australia? It seems that you are inspired with the nation’s beautiful sunny weather, amazing lifestyle, azure-water beaches, hospitable people, and the wonderful Aussie way of life. But do you know that the Kangaroo Land is also a very rich nation, and populated by the world’s richest persons?

Well, as per a fresh study duly carried-out by famed firm, the Australians are the wealthiest persons across the globe even as the median wealth of the adult nationals stands at an staggering $US219,505 ($233,504)– the highest level across the whole world.

What’s Median wealth? It’s the middle spot between the wealthiest & the poorest, implying that half of the nationals possess over $233,504, and half less than the same. By the yardstick of the average wealth, the nationals of Australia fall occupy the second place with $US402, 578 per individual, coming next to the Swiss who are the globe’s wealthiest with $US513, 000.

It’s claimed that the Kangaroo Land’s household wealth per adult swelled by 2.6% in the year gone by even as the same was slower, vis-à-vis the world average of 4.6%. However, Down Under still boast of the best possible distribution of wealth amongst the developed countries.

The figure of Australian millionaires headed north by 38,000 to 1.123 million persons. Allegedly, close-to half or 50% of the increase in the Australian riches is thanks to the exchange rate of growth, even as high wages in some fields–such as the mining industry–have also played a key role in the augmentation.

The millionaire calculation comprises the worth of real estate possessed absolutely. The nationals of the Kangaroo Land were made known to possess a much better level of wealth held in property & non-financial resources – 58.5% in respect of the global average of 45% & only 38% in the US.