What's REALLY Going on in 'Rich' Australia? (honest reaction!)

All credit to ‪@HowMoneyWorks‬, watch the original video here ►    • Australia's Quiet Collapse  

I'm an Aussie who's lived and worked in Kuala Lumpur, Malaysia for over 3 years. During this time, I've explored much of Asia and got some unique perspectives about life back in Australia. I've also spoken to many Aussies who want to move to Malaysia like I did.

Why is it that so many foreigners want to move to Australia, and yet there are many Australians who want to LEAVE?

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In this video, I give my original commentary & thoughts on How Money Works' fantastic deep dive into the Australian economy and current issues, including the cost of living crisis, overpriced property market, gambling industry and reliance on exporting basic materials, such as iron ore and natural gas.

How does this impact the cost of living, taxes, quality of life, and the livability of Australia? With the Australian election approaching fast, I thought sharing my perspective in this reaction video would be great.

Is Australia's economic position really that scary? Watch to find out, you might be surprised...

2:01 - What are the issues in Australia?
4:12 - Are Australians really 'rich'?
8:11 - How does Australia make money?
14:35 - The gambling issue...
21:00 - The mining industry drives Australia
23:55 - How did Australia get so rich? (superannuation system)
26:00 - The problem with pensions & ageing population
31:00 - Australia's housing crisis
34:01 - Income tax & cost of living in Australia
36:30 - The immigration issue..
40:15 - My final thoughts on the Australian economy's issues

Watch these next to understand more ►
   • What's REALLY Going on in 'Rich' Australia...  
   • This Aussie Couple Is Leaving for MALAYSIA...  

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#australia #australianeconomy #costoflivinginaustralia #housingcrisis #moveabroad #leaveaustralia #costofliving #retireearly #theeconomist #livablecities #howmoneyworks