Luxury Jewellery and Timepieces in Australia - New Market Report
Luxury jewellery and timepieces saw current value growth of 7% in 2013, as Australia's HNWI viewed luxury purchases in this category as an investment, favouring such products over others in luxury goods. Chinese tourists travelled to Australia in record numbers, not just for a holiday, but with the intention of purchasing luxury jewellery and timepieces to avoid the high import taxes paid at home.
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