Australia's Economy Is EXPLODING, Here's Why

Why is Australia so rich? Australia is now known as one of the richest countries in the world. In this video, we'll explore how Australia became such a wealthy country and what factors led to its success.

From tactical investments to mining to agriculture, we'll explore everything that has led to Australia's rise to wealth and status as one of the richest countries in the world. You'll learn about the people, the culture, and the history of this amazing country in this video!

📚 Want to learn more about building your wealth ? ↓

We suggest reading "Think and Grow Rich" by Napoleon Hill

All content was available online and is a summary of available sources. Trading stocks can be risky and anything can happen at any time, we do not predict the price of any stock and are not responsible for any losses when trading stock. As affiliates we earn a cut of all purchases from our affiliate Amazon links.

[seanlander]

Due to European trade embargoes that have been inflicted on Australians for generations, being a reliable quarry for Asia is the option it’s taken for prosperity.

[whitneyanders]

Am Australian. Cost of living is quite high here and a starter home in a major city such as Sydney, Melbourne or Brisbane is at least $1 million. We have one of the highest debt to income ratios so basically everyone is living on credit. We are actually a first world country with a third rate economy as we only really export minerals, animals and education. Rents are very high and landlords often kick tenants out after 12 months. We are killing our native animals faster than most countries for housing developments where a house/land package 70 kms from the city CBD will cost you over $1 million. This same housing development will only have one road in and out so expect to add on at least two hours a day commuting. We do not have good rail or public transport and to fly domestically is outrageously over priced. But we do have good weather and are mainly a friendly bunch.

[ThrottleAddiction]

*Many of the figures quoted here are deceptive.*
2.2 million x millionaires - that's only looking at perceived 'net worth' by what an individual possesses, not how that individual owes 95% of that 'net worth' in a series of loans and credit.

[TT-wnwm]

67% of income come fr mining !!! This has nothing to be proud off and is like living on the inheritance. No matter how much the profit made for the country, the politicians will spend them all like any government in the world. We all need honest and genuine leaders for their people.

[GrantStevenson-wjgb]

Its rich because there was literally gold all over the floor

[binedstudiostotalgame]

i am sorry but australia is starting to have the same problems as canada because of corruption and bad policy's

[AnthonyTolhurst-dwnc]

Holes in mining grounds and “EXPORT INDUSTRY” has little to do with Australian citizens.
Overseas Moneymen own the lot; citizens RENT the rest from them....

[human]

But Australian aboriginal people are still poor.

[johnpro]

7:42 Looks like a French town to me..? even the signage on the Pastry shop is TRAITEUR which is French for pastry shop.

[johnpro]

7:51 Visitors..no we do not use imported Camels for transport..over 100 years ago in outback Australia when building railways and telegraph lines..maybe. Now just used as tourist rides in Alice Springs

[jkats]

"Australia is home to over 2.2 million millionaires"

Australia's population is ~25.7m
According to your statistic over 11% of Australia's population are millionaires

I enjoyed the video but now I feel like fact checkiing everythiing haha

[jameslee]

I applied the WHV, and I want to experience life in Australia😂