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Australian Household Wealth Hits Record AU$16.9 Trillion, Up AU$1.5 Trillion In A Year
Australians have gotten richer by over AU$1.5 trillion in the past year, with the country's total household wealth reaching a record AU$16.9 trillion, which was a 9.9% increase from this time the previous year.
The key factors that influenced the growth include rising house prices, strong superannuation growth, and a booming share market.
In the September quarter, Australian households' wealth increased by 2.4% to AU$401 billion, mostly........
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