This graph shows trends in a measure of the concentration (inequality) of wealth within each asset type since the beginning of the pandemic.
In 2018, this ‘concentration coefficient’ was:
• Relatively high for shares, bonds and trusts (0.89), own business assets (0.89), and investment property (0.79); and
• Relatively low for owner-occupied homes (0.57), superannuation (0.57), deposits (0.55) and durables (0.34). 27 The concentration coefficient has a value between zero (complete inequality) and one (complete inequality).
There were slight variations in these ‘concentration coefficients’ between 2018 and 2021, for example the distribution of owner-occupied housing became slightly less concentrated (0.57 to 0.56).