In a survey conducted in Australia in 2022, respondents from Gen Z had an average cash savings balance of around 11 thousand Australian dollars. Baby Boomer respondents had the highest average cash savings balance of around 44 thousand dollars.
Average value of cash savings of Australians in 2022, by generation
(in Australian dollars)
Characteristic
Cash savings in Australian dollars
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finder.com. (August 26, 2022). Average value of cash savings of Australians in 2022, by generation (in Australian dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/
finder.com. "Average value of cash savings of Australians in 2022, by generation (in Australian dollars)." Chart. August 26, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/
finder.com. (2022). Average value of cash savings of Australians in 2022, by generation (in Australian dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/
finder.com. "Average Value of Cash Savings of Australians in 2022, by Generation (in Australian Dollars)." Statista, Statista Inc., 26 Aug 2022, https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/
finder.com, Average value of cash savings of Australians in 2022, by generation (in Australian dollars) Statista, https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/ (last visited July 22, 2024)
Average value of cash savings of Australians in 2022, by generation (in Australian dollars) [Graph], finder.com, August 26, 2022. [Online]. Available: https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/