Wealth and Asset Management
Australia’s wealth gap widens as asset growth concentrates at the top
New modelling of household wealth data by KPMG Australia shows that the gap between Australia’s wealthiest households and everyone else has widened over the past five years. Between 2019-20 and 2024-25, average household wealth surged from $1.26 million to $1.56 million, an increase of almost 23.6% in real terms…
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