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The Distribution of Household Wealth in Australia: Evidence from the 2010 HILDA Survey

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Author Info

  • Richard Finlay

    (Reserve Bank of Australia)

Abstract

This article uses the Household, Income and Labour Dynamics in Australia (HILDA) Survey to analyse the distribution of household assets, liabilities and wealth across a number of household groups. The analysis shows that wealth is more unequally distributed across households than is the case for income. While the growth of wealth over the past few years has slowed, it has been faster for households with lower wealth than for households with higher wealth. This implies that wealth inequality has lessened slightly in recent years.

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File URL: http://www.rba.gov.au/publications/bulletin/2012/mar/pdf/bu-0312-3.pdf
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Bibliographic Info

Article provided by Reserve Bank of Australia in its journal RBA Bulletin.

Volume (Year): (2012)
Issue (Month): (March)
Pages: 19-27

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Handle: RePEc:rba:rbabul:mar2012-03

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Related research

Keywords: HILDA; distribution of household wealth; distribution of household debt;

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Cited by:
  1. Alexandra Spicer & Olena Stavrunova & Susan Thorp, 2013. "How Portfolios Evolve After Retirement: Evidence from Australia," CAMA Working Papers 2013-40, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
  2. Ellis Connolly & Fiona Fleming & Jarkko Jääskelä, 2012. "Households' Interest-bearing Assets," RBA Bulletin, Reserve Bank of Australia, Reserve Bank of Australia, pages 23-32, December.

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