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Household Income and Wealth, Australia
Household Income and Wealth, Australia
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25 May 2022
Household Income and Wealth, Australia
In 2019–20
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.
Reference period
2019-20 financial year
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