From www.brokernews.com.au: Australian household wealth modestly increased by 0.9% or $143.6 billion in Q4 2024, reaching a total of $17.0 trillion, despite a 0.2% decline in house prices.

The rise in household deposits (up 3.2%) and superannuation assets (up 1.4%) was influenced by income growth and government measures to alleviate cost-of-living pressures.

Economic disparities intensified, with the share of wealth held by the bottom 40% of Australians declining significantly since 2004, raising concerns about worsening inequalities in wealth distribution.