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

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.