Consistent with the findings of our Inequality in Australia 2020 report, wealth is still very unequally distributed in 2021-22.

* The highest 10% of households by wealth has an average of $6.1 million or 46% of all wealth.

*The next 30% have an average of $1.7 million or 38% of all wealth.

* That leaves the majority – the lower 60% – with $376,000 or just 17% of all wealth.