6554.0 - Household Wealth and Wealth Distribution, Australia, 2005-06
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 09/11/2007
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Household wealth increases: ABS
The average wealth of an Australian household in 2005-06 was $563,000, up 14% from 2003-04, according to figures released today by the Australian Bureau of Statistics (ABS).
The average value of household assets in 2005-06 was $655,000, and the average household liability $92,000, resulting in an average household net worth of $563,000.
More information can be found in Household Wealth and Wealth Distribution, Australia, 2005-06 (cat. no. 6554.0).
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