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This video was made possible by our Patreon community! ❤️ See new videos early, participate in exclusive Q&As, and more! ➡️ https://www.patreon.com/EconomicsExplained ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ 📚 Want to learn more about the economic history of Australia (and how its citizens got so rich)? We recommend reading "Why Australia Prospered: The Shifting Sources of Economic Growth (The Princeton Economic History of the Western World)", by Ian McLean 👉 https://amzn.to/2MDoI86 (as an Amazon Associate, we earn from qualifying purchases) Enjoyed the video? Comment below! 💬 ⭑ Subscribe to Economics Explained 👉 https://bit.ly/sub2ee ⭑ Enjoyed? Hit the like button! 👍 Q&A Streams on EEII (2nd channel) → https://www.youtube.com/channel/UCOTgNyfQG4vVP5sCXrJaS4g ✉️ Business Enquiries → [email protected] Follow EE on social media: Twitter 🐦 → https://twitter.com/EconomicsEx Facebook → https://www.facebook.com/EconomicsEx Instagram → https://www.instagram.com/EconomicsEx... ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ #Australia #Richest #Economics ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ Sources & Citations - 6291.0.55.003 Table 04: Employed persons by Industry – Trend, Seasonally adjusted, Original". Australian Bureau of Statistics. 16 March 2006. Retrieved 18 June 2006 Anthony Shorrocks; Jim Davies; Rodrigo Lluberas (October 2018). "Global Wealth Report". Credit Suisse. 10 Oct 2018 article: Global Wealth Report 2018: US and China in the lead World Economic Outlook Database. International Monetary Fund. April 2018 Household Income and Wealth, Australia, 2013–14". Australian Bureau of Statistics. 1 July 2018 Paris, C., 2017. Housing Australia. Macmillan International Higher Education. Shi, S., Valadkhani, A., Smyth, R. and Vahid, F., 2016. Dating the timeline of house price bubbles in Australian capital cities. Economic Record Nassios, J., Giesecke, J.A., Dixon, P.B. and Rimmer, M.T., 2019. Mandated superannuation contributions and the structure of the financial sector in Australia. Journal of Policy Modeling. Mees, B. and Smith, S.A., 2019. Corporate governance reform in Australia: a new institutional approach. British Journal of Management O'faircheallaigh, C., 2017. Mining and development: foreign-financed mines in Australia, Ireland, Papua New Guinea and Zambia. Routledge. Battellino, R., 2010. Mining booms and the Australian economy. RBA Bulletin, March Music: Babylon - Disco Ultralounge by Kevin MacLeod is licensed under a Creative Commons Attribution license: creativecommons.org/licenses/by/4.0 Source: incompetech.com/music/royalty-free/index.html?isrc=USUAN1100314 Artist: incompetech.com ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ EE Fan Exclusive Offer: Sign-up for Acorns! 👉 https://www.acorns.com/ee (after registration, Acorns will deposit $5 in your account to help you get started with investing!) ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ ECONOMICS EXPLAINED IS MADE POSSIBLE BY OUR PATREON COMMUNITY 👊🙏 Support EE by becoming a Patron today! 👉 https://www.patreon.com/EconomicsExplained The video you’re watching right now would not exist without the monthly support provided by our generous Patrons: Morgon Goranson, Andy Potanin, Wicked Pilates, Tadeáš Ursíny, Logan, Angus Clydesdale, Michael G Harding, Hamad AL-Thani, Conrad Reuter, Tom Szuszai, Ryan Katz, Jack Doe, Igor Bazarny, Ronnie Henriksen, Irsal Mashhor, LT Marshall, Zara Armani, Bharath Chandra Sudheer, Dalton Flanagan, Andrew Harrison, Hispanidad, Michael Tan, Michael A. Dunn, Alex Gogan, Mariana Velasque, Bejomi, Sugga Daddy, Matthew Collinge, Kamar, Kekomod, Edward Flores, Brent Bohlken, Bobby Trusardi, Bryan Alvarez, EmptyMachine, Snuggle Boo Boo ThD, Christmas

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