Mungallala Methodist Church was built in 1964. It has now closed. In 2016, the Australian Taxation Office listed Mungallala as having the lowest mean taxable income by postcode, making it the poorest town in Australia, which led the ABC to do a documentary on the town for their online "storyhunters" program.
The 10 most disadvantaged LGAs in order are: Woorabinda (Queensland), Cherbourg (Qld), Belyuen (NT), West Daly (NT), Yarrabah (Qld), Kowanyama (Qld), Wujal Wujal (Qld), East Arnhem (NT), Doomadgee (Qld) and Central Desert (NT).
The residents of Mungallala, in Queensland's mid south, take home an average salary of a little over $3,000 a year according to the Australian Taxation Office, making the tiny rural town the poorest in Australia.
The Australian Taxation Office (ATO) analysed the tax returns of more than 15 million Aussies from the 2020-21 financial year to come up with the rich list. Double Bay took out the top spot, living up to its 'Double Pay' nickname, with residents of the 2028 postcode raking in an average annual income of $266,381.
Among all the states and territories in Australia, New South Wales is considered the richest state. It has the largest economy, a diverse range of industries, and a higher-than-average income, which contribute to its status as the wealthiest state.
Australians collected a higher median wealth per adult than anywhere else in the world at $US273,900 ($A390,870) – nearly three times the median wealth of $US93,270 ($A133,100) in the US. Australia was followed on the rich list by Belgium and New Zealand, with the US trailing behind at number 18.
Sydney's eastern suburbs have raced to the top as the favoured place to live by Australia's highest earning residents. According to the latest report by the Australian Tax Office, residents of the premium suburbs of Darling Point, Edgecliff and Point Piper earned the highest mean income of $177,514 during 2012-13.
Loyola, Los Altos, California
The richest neighborhood in America is Loyola, California. The average household income in Loyola is $326,069, with the median income a little lower at $246,563. The median listing price is $3,899,000. Loyola also borders Los Altos Hills, which is one of the richest towns in America.
Wolseley Road in Point Piper is Sydney's most expensive street, attracting Australia's wealthiest residents with its luxurious properties and waterfront views.
Pillinger, Tasmania
Pillinger is an abandoned town on Macquarie Harbour, on Tasmania's west coast. It was constructed in 1897 by Irish prospector James Crotty, who founded North Mount Lyell Company, and it quickly became a thriving port.
Darwin is Australia's least populated place. The city has a population of 148,564 and a density of 703 people/sq km.
The Outback is a remote, vast, sparsely populated area of Australia.
In 2016, the Australian Taxation Office listed Mungallala as having the lowest mean taxable income by postcode, making it the poorest town in Australia, which led the ABC to do a documentary on the town for their online "storyhunters" program.
But despite the economic uptick of recent years, Tasmania is still the poorest Australian state.
New York is the world's most popular place for the super rich to own a property, according to a new report by data firm Altrata. A total of 21,714 ultra-high-net-worth (UHNW) individuals — those worth over $30 million — own either a primary or secondary residence in the city, the study found.
Bellevue Hill, Sydney
In the centre of Sydney's east, some of Sydney's most awe-inspiring properties are nestled within Bellevue Hill's green hills. It takes out the title as the most expensive suburb in Australia, and for good reason. A meander through the suburb's spectacular streets says it all.
The top wealthiest cities in the world have been revealed and only one Australian city made it to the top 10. In entirely unrelatable news, the world's wealthiest cities have been revealed and Sydney has made it to the top 10.
Most of Australia's 19 million people live near the coast, because the inner parts are made up of deserts. 80% of the country's population live in the south-eastern part of the country. Here you can also find the big cities like Sydney and Melbourne, or the capital Canberra.
The China-born* population is one of the largest birthplace groups in Australia with most living in large cities, such as Sydney, Melbourne and Brisbane. It should be noted that a significant proportion of people from some other countries, for example, Singapore and Malaysia, are also of Chinese ancestry.
Chinese and Indian Australians, particularly second and third generation immigrants, are present in large numbers in Sydney and Melbourne, with Chinese Australians constituting Sydney's fourth largest ancestry group.
Thus, the richest countries in the world are those with the highest GDP per capita. Currently, the richest country in the world in terms of GDP per capita is Luxembourg, with a GDP per capita of $135,700. Other wealthy countries include Bermuda, Ireland, and Switzerland, all with GDP per capita above $80,000.