Australia’s Economy Grows For 24 Consecutive Years!

When it comes to sustained economic growth, Australia is hard to beat. According to data released in early December 2015 by the Australian Bureau of Statistics (ABS), Australia has enjoyed an amazing 24 consecutive YEARS of positive GDP growth! Maintaining this impressive record of positive economic growth also means that Australia has avoided having a recession for the past 288 months, including during the recent global financial crisis that affected much of the world.

 

Australia’s robust economic growth has allowed Aussies to become some of the most prosperous people on the planet. In 2015, both the International Monetary Fund (IMF) and the Credit Suisse Global Wealth Report ranked Australia as the #3 wealthiest country in the world. According to the 2015 Credit Suisse Global Wealth Report (October 2015), the average per capita wealth of an Australian adult is $364,900 USD, which is ahead of the average per capita wealth of adults who live in the United States (which Credit Suisse reported as $353,000 USD).

 

Thus, if you are seeking financial stability and economic prosperity in life, you should consider immigration to Australia. Now is a good time to move to Australia since there is a high demand for skilled foreign workers in hundreds of different occupations. In order to bring thousands of qualified skilled foreign workers to Australia to contribute to its growing economy, the Australian government created the General Skilled Migration (GSM) Program. This points-based Australian immigration program offers a permanent resident visa to Australia for skilled foreign workers and their family members who meet the eligibility requirements. To find out more about immigration to Australia and whether you are likely to meet the criteria for the General Skilled Migration (GSM) Program, click here!

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