Quantcast
au iconAU
au iconUK
au icon AU
uk icon UK

 

 

From almost $1 million down to $40k — the difference between owning and renting

Exclusive Australian Bureau of Statistics data has revealed the staggering difference in wealth of older Australians in owner-occupied households compared to those that rent.

From almost $1 million down to $40k — the difference between owning and renting
smsfadviser logo
  • Shared by the ABC
  • •
  • February 10, 2020
  • •
  • 1 minute read
Share this article
From almost $1 million down to $40k — the difference between owning and renting

In 2017-18, the ABS found that property-owning households — where at least one of the occupants was 65 and over — had a median net worth of $960,000.

Read more at the ABC. 

Subscribe to Public Accountant

Receive the latest news, opinion and features directly to your inbox