Market Report, "Luxury Goods in Australia", Published
Australia's healthy gross domestic product (GDP), together with the growth in real estate value and high investment returns, contributed to a significant rise in high net worth individuals in 2012. Annual disposable incomes also increased significantly over the last decade, providing consumers with the funds to increase the standard of their normal purchases. Australians are generally wealthier compared with other international markets, and the mentality that spending leads to greater wealth...
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