This is a news story, published by ABC, that relates primarily to Australian Bureau of Statistics news.
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Total household wealthABC
•78% Informative
Australian Bureau of Statistics data show household wealth rose for a sixth straight quarter by 2.7 per cent ($431 billion) Total household wealth was $16.2 trillion in the March quarter, which was 10.2 per cent higher than a year ago.
Two-thirds of Australians either own their home outright, or are paying off a mortgage.
It means, on average, home owners' wealth increased by $25,000 in the year to March quarter.
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