The most common measure of the level of inequality (the Gini-coefficient) has increased since 2004, indicating that Australia’s wealth is now more unequally distributed than in the past.

This paper uses data from the Household, Income and Labour Dynamics in Australia (HILDA) Survey, to examine the growth of Australian household wealth from 2002to 2022 by asset.

The average household’s wealth is dominated by three types of assets: the family home, superannuation, and “other property”, which includes any residential property owned by the household, excluding the family home (most usually investment properties but also holiday homes).