Cent Australian
Posted in Uncategorized on 06/25/2004 08:03 pm by admin
Cent Australian
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 Australian 1976 Two Cent Circulated Coin  US $2.19
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A record number of ordinary Australians have joined the millionaires club with around 15 new millionaires being created each day since the global financial crisis.
The annual Capgemini and Merrill Lynch wealth report shows there are now more millionaires in Australia than before the GCF. More than 180,000 Australians have a net worth of more than one million dollars, a 7 per cent increase on the 168,700 recorded millionaires at the start of the GFC in the summer of 2008.
The report found that the share market was a great wealth creator during the resource boom from 2002-2006, but now property and entrepreneurship have become the main paths to riches over the last few years. Clearly with capital city property prices rising upwards of 20 per cent in the 12 months to April 2009, many Australians rose to millionaire status on their bricks and mortar alone.
But there is nothing new about this - just look at the BRW Rich 200 list each year and you'll see that many of Australia's richest people have created their wealth through property.
Of those who didn't make there fortune in property, many made it in business and then there was a smattering of sports celebrities and a few who inherited their wealth.
Australia missed having a recession like much of the developed world, so few wealthy Australians lost their millionaire status, while their counterparts in the USA and Europe suffered more. With Australia's economy once again booming, in part due to a resources boom led by China, things are looking up for the average Australian investor.
Michael Yardney is a best selling author and one of Australia's leading experts in the psychology of success and wealth creation through property. He is a regular keynote speaker at seminars throughout Australia and South East Asia and his opinions are frequently quoted in the media.
Subscribe to his free e-magazine at http://www.PropertyUpdate.com.au
Find out more about Metropole Property Investment Strategists http://www.metropole.com.au
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50 Cent $10 50 Cent |
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The Australian Army in World War I (Paperback) $22.33 The Australian contribution to the Allied war effort during World War I is worthy of celebration. Some 400,000 Australians volunteered for active duty, an astonishing 13 per cent of the entire (white) male population, a number so great that the Australian government was never forced to rely on conscription. Casualties were an astonishing 52 per cent of all those who served, ensuring that the effects of the war would be felt long after the armistice. In particular, their epic endeavours at Gallipoli in 1915 became the nation`s founding legend, and the ANZACs went on to distinguish themselves both on the Western Front, and in General Allenby`s great cavalry campaign against the Turks in the Middle East. Their uniforms and insignia were also significantly different from those of the British Army and will provide the inspiration for a unique set of artwork plates. |
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