Six more members for the Aust-NZ billionaires club : "BOOMING stock markets, soaring real estate and stronger currencies helped the 40 wealthiest people in Australia and New Zealand become even richer in 2006."
Unless we are printing money, then you can only get richer while others get poorer. As a few get richer more and more are losing income and wealth. There is only so much money...or there should be if you have a bona fide economy. So what is the cost to the rest of the people in Australaia and New Zealand? Who is losing out and how? The property market is obvious. People cannot afford to buy when they used to be able to and there are few rental properties. What else? Let's get the picture straight, shall we? Celebrating wealth is only appropriate when the cost is not paid by the misery of others. I want to know this is the case.
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