It probably will, but don't discount the power of inflation.
Maybe it's time for your country to experience inflation at last - it's been mostly immune because it's the world currency, but your government has been spending like mad. (sorry, was thinking about the US, but I guess it applies to Australia too !!)
I've seen HUGE inflation rates in my country, so while I also think a million will still be a lot of money in 15 years, it's not a foolproof bet.
That said, the spirit of the question is understood (it's not about an arbitrary sum of money, it's about being wealthy enough to pursue other things).
While there's been some noise from the opposition about government spending in Australia, the problem isn't nearly as bad as in the US. (And I say that as no fan of the Rudd government.)
Maybe it's time for your country to experience inflation at last - it's been mostly immune because it's the world currency, but your government has been spending like mad. (sorry, was thinking about the US, but I guess it applies to Australia too !!)
I've seen HUGE inflation rates in my country, so while I also think a million will still be a lot of money in 15 years, it's not a foolproof bet.
That said, the spirit of the question is understood (it's not about an arbitrary sum of money, it's about being wealthy enough to pursue other things).