Distribution of wealth within age groups Australia FY 2023

Published by Statista Research Department, May 27, 2024

In Australia, 44 percent of all national wealth was owned by the wealthiest ten percent of the population in 2023. Within the age group of 65 years or older, the wealthiest ten percent also own 44 percent of the wealth, while the lowest 60 percent own just 20 percent. 

Distribution of wealth within age groups in Australia in financial year 2023

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Release date

April 2024

Region

Australia, Australia and Oceania

Survey time period

financial year 2023

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