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Do you ever wonder how you can make the most out of living in Australia? Join me where I’m talking about all the ways to keep up with growth in Australia. Don’t let inflation beat you.
Get right into the nitty and gritty of Australia’s economics, understand it and dominate it. This episode is one you won’t want to miss.
Australia goes up 2-3% growth every year, do you?
3 Decades of Growth
Australia has gone through 3 decades of economic growth, and a lot of that has been because Australia had teamed up with China to sell them stuff. Due to China’s recent economic and population status, Australia’s biggest export customer and partner is declining. The problem of population decline and productivity decline, is something that will be layered into Australia’s freedoms or future economic freedoms, from this we see Its just really important to stick to fundamentals with real estate.
The Burdens of Australia
I think property rights will be less free. What does this actually mean? Well we’re already seeing it, the Queensland premier wants to tax people who own property in both Queensland and New South Wales, that is an attack on your property rights, and your freedom. Why? Because the government is the biggest industry in Australia and governments need taxes. Australia is amazing no doubt, but it does carry a few burdens of tax, government spending, its ability to meet budgets, and labour market freedoms.