Monthly Household Spending Indicator
- Household spending increased 20.7% through the year on a current price, calendar adjusted basis.
- Through the year, household spending increased for both services (+34.2%) and goods (+9.3%).
- Through the year, both non-discretionary (+21.0%) and discretionary (+20.4%) spending increased.
In October 2022, new loan commitments (seasonally adjusted):
- fell 2.7% for housing
- fell 0.5% for personal fixed term loans
- rose 58.3% for business construction (a typically volatile series) and rose 0.1% in trend terms
- fell 3.8% for business purchase of property (a typically volatile series) and fell 1.4% in trend terms
Managed Funds, Australia
During the September 2022 quarter:
- the total managed funds industry fell by $0.2b to $4,306.1b funds under management
- consolidated assets of managed funds institutions rose $18.3b (0.5%) to $3,485.4b
- cross invested assets fell $7.7b (-1.5%) to $497.3b
- unconsolidated assets rose $10.6b (0.3%) to $3,982.7b.
Household Income and Wealth, Australia
- Average equivalised disposable household income was $1,124 per week.
- Average net worth for all Australian households in 2019–20 was $1.04 million.
- Total average liabilities for households saw a statistically significant increase from $189,500 in 2017–18 to $203,800 in 2019–20.
- Three in four (75%) households had debt in 2019–20.
2019-20 financial year
Household financial resources
- Total average property assets increased from $653,700 per household in December 2019 to $731,100 in December 2020.
- Income from government payments increased by $55 per week, to $263 per week.
- COVID-19 early access superannuation scheme withdrawals were mainly used for mortgage or rent payments (31%) or household bills (29%).
Household Expenditure Survey, Australia: Summary of Results
- Average weekly household spending on goods and services was $1,425.
- Household spending on goods and services increased by 15% since 2009-10.
- Average weekly spending on goods and services was highest in the Northern Territory and Australian Capital Territory and lowest in Tasmania and South Australia.
2015-16 financial year
Labour Costs, Australia
- Total labour costs incurred by employers were $760.9 billion.
- Employee earnings accounted for 87.3% of total labour costs.
- Private and public sector labour costs accounted for 77.7% and 22.3% of labour costs for all employers respectively.
2015-16 financial year