The Australian Bureau of Statistics (ABS) yesterday released household wealth data for the September quarter of 2021, which revealed that total household wealth increased by 4.4% ($590.0 billion) over the September quarter 2021 reaching a record $13,918.5 billion:
Total dwelling assets surged by 5.5% ($465 billion) over the quarter to a record high $8.85 trillion, whereas total financial assets rose 2.5% to a record high $6.61 trillion.
Per capita household wealth also surged by 4.3% over the quarter to a record high $540,200, with per capita dwelling assets rising 5.4% to $343,500 and per capita financial assets rising 2.4% to $256,500:
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