The ABS National Accounts detailed Finance & Wealth data for Q3 2014 showed household net worth increasing to a record $7,718bn, up from $1,733bn at September...

Pete Wargent

Buyers Buyers

The ABS National Accounts detailed Finance & Wealth data for Q3 2014 showed household net worth increasing to a record $7,718bn, up from $1,733bn at September 1994, an average quarterly growth rate over the long term of 1.9%. During Q3 household net worth increased by $122bn - largely driven by holding gains in land & dwellings ($77bn) and financial assets ($15bn). We take a look at some of the key trends here: (VIEW LINK)


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