Property Boom Fuels Surge in Aussie Millionaires
A record-high wave of Australian millionaires is being propelled by soaring property values, making home ownership the central engine of wealth building. The average dwelling price recently topped AUD 1 million nationwide, driven by escalating values across capital cities and regional markets alike. Property now makes up roughly 75% of household wealth, but many are “asset-rich and cash-poor” due to illiquidity.
This boom underscores growing wealth inequality and the challenges faced by first‑home buyers amid supply shortages, tax settings, and rising inheritance flows.

#auspop #ponzischeme #ausproperty #negativegearing #inequality #taxtherich

https://www.abc.net.au/news/2025-08-04/property-boom-fuels-surge-in-aussie-millionaires-to-global-high/105589352

#AusPol #UKPol #England #DidTheGovernmentFallLastNight #Australia #LittleHeroes #AusPop #AusMusic #OnePerfectDay

Morning has swept across the #Antipodes. #TheLuckyCountry (for some, for some) has found stable, if largely mediocre, politicians to lead it and a grab-bag of, too largely, ratbags to form #TheOpposition. With this setup we're likely to increase fossil fuel outputs into the second half of this century.

And how is #MotherEngland doing?

https://www.youtube.com/watch?v=1nUFseaHtfs

2/2
#RoboDebt #AusPop
This quick referral to debt collectors is thuggery by the government.

Who was responsible for the decision to brutalise vulnerable people this way?

Is this approach confined to RoboDebt?

Or is this a standard and accepted lawful practice commonly used against welfare recipients?

We all know what the phrase "excess deaths" means thanks to COVID.

So what are the #ExcessDeath numbers for people who go through Centrelink to get welfare support?
(They are NOT "clients".)

https://www.theguardian.com/culture/2023/jan/17/renee-geyer-australian-jazz-and-soul-icon-dies-aged-69 Wow what a shock, may she RIP. #music #AusPop #ausmusic

#AlisonTaylor talking QLD population growth #demography #migration #AusPop https://noosatoday.com.au/news/26-12-2022/queenslands-population-continues-to-swell/