Gambling is an activity undertaken by many Australians. Gambling is a significant public health issue, with around 80, to , or 0. In —16, gambling revenue made up 7. The rate was lowest in Western Australia 2. Gambling revenue made up 2. The rate was lowest in WA 0.
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This is a result of both net migration, which has been about , per year for the past few years, and natural increase. Australia ranks fifth among OECD countries for population growth. As the other OECD countries with high growth rates, Australia has a strong labor demand that cannot be met from domestic sources; therefore, mass migration occurs. Population estimates based on interpolation of World Population Prospects data. Estimate as of Feb 20, is: 25,, It is also the most populous country in Oceania , three times more populous than its neighbor Papua New Guinea 8.
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The latest Credit Suisse world wealth report released last week showed that, like last year, Australians are the richest people in the world. When counting by average wealth per adult, we drop to second behind Switzerland. Significantly, however, Australia is more equitable than most wealthy nations. Of the top 50 biggest economies, only Belgium, Italy and Finland have less of a difference between median and average wealth.
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