In a survey conducted in Australia in 2024, respondents from Gen Z had an average cash savings balance of around 12 thousand Australian dollars. Baby Boomer respondents had the highest average cash savings balance of around 48 thousand dollars.
Average value of cash savings of Australians in 2024, by generation
(in Australian dollars)
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finder.com. (August 27, 2024). Average value of cash savings of Australians in 2024, by generation (in Australian dollars) [Graph]. In Statista. Retrieved December 30, 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 2024, by generation (in Australian dollars)." Chart. August 27, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/
finder.com. (2024). Average value of cash savings of Australians in 2024, by generation (in Australian dollars). Statista. Statista Inc.. Accessed: December 30, 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 2024, by Generation (in Australian Dollars)." Statista, Statista Inc., 27 Aug 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 2024, by generation (in Australian dollars) Statista, https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/ (last visited December 30, 2024)
Average value of cash savings of Australians in 2024, by generation (in Australian dollars) [Graph], finder.com, August 27, 2024. [Online]. Available: https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/