Why Australia is not building a ‘faith-based economy’

With a booming population, Australia is looking to invest in its infrastructure.

But the country is also becoming a more religious place, according to the latest figures from the Commonwealth Bank.

The Bank’s Global Religious Affiliation report, which was released today, said that the number of Australians identifying as Christian increased from 22 per cent in 2013 to 29 per cent this year.

The number of those identifying as “other” dropped from 34 per cent to 22 per, with the rest of the country remaining “religiously unaffiliated”.

The number identifying as Buddhist dropped from 26 per cent last year to 25 per cent, and the number identifying with Islam dropped from 19 per cent of the population to 16 per cent.

The survey also found that Australians are more religious than people living in the US and Canada.

The report said that while the US is by far the most religious country, Australia’s religious membership has risen from 21 per cent a decade ago to 27 per cent today.

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