Australia, take a bow. You’re better off than you thought. According to the Australian Bureau of Statistics 2013 – 2014, each Australian household has a net worth of $809,900 – making us one of the richest nations. Welcome to our lives in numbers!
|Household Assets (property, appliances, car, etc)||$954,800|
|Household Liabilities (mortgage, maintenance, loans)||$144,900|
|Household Net worth||$809,900|
|Savings||$99 per week|
|Credit Card Debt||$4,332|
Image Source: querosaber.sapo.pt
We spend $780M a year on pets.
Image Source: www.dreamaustralia.com.au
Households have an average $177,000 in superannuation savings, but for people aged 55 – 64, it’s almost $500,000.
Image Source: www.trendspotting.com.au
We live for an average of 82.1 years. Average number of kids is 2.1.
Image Source: www.myvmc.com
We spend $14.1BN a year on alcohol.
Family of Four Weekly Expenses
|Fuel and Power||$43|
|Food and Drinks||$279|
|Clothes and Footwear||$64|
*Data Sources: Australian Bureau of Statistics, OECD, ASIC, AMP.NATSEM, SunCorp Bank. RBA/ASIC, World Bank
THE REALLY SIMPLE GUIDE TO MONEY | OCTOBER 2015
The information provided in this page is general in nature and does not constitute personal financial advice. The information has been prepared without taking into account your personal objectives, financial situation or needs. Before acting on any information you should consider the appropriateness of the information with regard to your objectives, financial situation and needs. You should seek independent advice from your financial adviser before making any decisions.
AUSTRALIAN MORTGAGE AND FINANCIAL ADVISERS (AMAFA)
Phone: 07 3378 2056
Fax: 07 3378 2069