Sydney, July 4, 2007 AEST (ABN Newswire) - Axiss Australia has announced the publication on Private Banking in Australia 2007. The publication provides an insight into the strength of Australia's private banking sector and highlights the positive trends emerging in wealth creation.

Please click the following link to download a copy:

http://www.axiss.gov.au/assets/documents/axissinternet/PrivateBankinginAustralia200720070703135416.pdf

Some of the interesting facts highlighted in Private Banking in Australia 2007 are as follows;
- Australia's private wealth market is the 11th largest in the world.

- Australia's private wealth market growth is outpacing that of many of the most affluent countries in the world including the US. UK and Japan.

- Australia has more high net worth individuals than Hong Kong and Singapore combined.

- Demand for private banking services is on the rise owing to drivers such as robust real Gross Domestic

- Product growth, low interest rates, and the rising value of Australian equities and other asset classes.

For extra copies please email your request to Leah King on lking@axiss.gov.au, outlining the number of copies you require together with a postal address, contact name and phone number.

Contact

Gary Johnston
Executive Manager
Axiss Australia


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