The household wealth of Australians has risen. A survey by the Melbourne Institute's Household, Income & Labour Dynamics in Australia found that the average net worth of households rose by $A207,000 to $A608,000 between 2002 and 2006. This was due to increases in property prices, superannuation balances and share values. The OECD has predicted that unemployment will fall to 4.2 per cent in Australia in 2008. However, it is forecast to rise to 4.7 per cent in 2009.
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