๐๐ผ๐๐๐ฒ๐ต๐ผ๐น๐ฑ ๐ช๐ฒ๐ฎ๐น๐๐ต ๐ต๐ฎ๐ ๐๐ผ๐๐ฏ๐น๐ฒ๐ฑ ๐ข๐๐ฒ๐ฟ ๐๐ต๐ฒ ๐ฃ๐ฎ๐๐ ๐๐ฒ๐ฐ๐ฎ๐ฑ๐ฒ
The average Australian had $546,128 in net wealth at the end of 2022, based on the latest data from the Australian Bureau of Statistics.
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Wealth per person has declined from a peak of $577,588 in the March 2022 quarter. However, the average Australian is still:
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* Twice as wealthy as in 2012
* Three times as wealthy as in 2003
* Four times as wealthy as in 2000
* Five times as wealthy as in 1998
* Six times as wealthy as in 1994
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Average net wealth is calculated by adding up all our household assets (such as properties), subtracting all our liabilities (such as home loans) and dividing that figure by the number of people in Australia.
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