Do you feel like a millionaire?
The number of Australian millionaires increased by 38,000 to 1.123 million people.
The millionaire calculation includes the value of real estate owned outright.
Australians were shown to have a much higher level of wealth held in property and non-financial assets - 58.5% compared to the world average of 45% and just 38% in the US.
Basically, if you have a house and have paid off, welcome join in the millionaire club.
Hahaha ...