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Trends in average wealth by wealth group

Wealth inequalityInequalityHeadline charts

This shows changes in the ‘real value’ (after inflation) of net household wealth. Wealth inequality increased more sharply than income inequality between 2003-04 and 2015-16. Click here to see the income inequality trends.

The average wealth of the highest 20% wealth group rose from $1.9 million in 2003-04 to $2.6 million in 2009-10, declined to $2.4 million in 2011-12 (after the Global Financial Crisis) and rose again to $2.9 million in 2015-16. Trends in the value of wealth holdings of the remaining 80% changed much less in comparison.

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