Original article by Roy Morgan Research
Market Research Update – Page: Online : 13-Nov-17

Roy Morgan Research’s newly released report "Superannuation and Wealth Management in Australia" shows that Australian households have increased their net wealth by 42.1%. over the last four years, from $5.703 trillion to $8.135 trillion. The report also shows that currently 53.1% of household net wealth is made up of equity in owner-occupied homes, up from 48.1% in 2013. Superannuation, Pensions/Annuities in total now account for 27.4% of the total, down from 28.6% in 2013. The other components of net wealth, which include bank accounts, managed funds (excluding superannuation) and direct investments, have fallen from 23.3% in 2013 to 19.5% in 2017. The report is unique because it looks at superannuation in the context of all other assets and debt that make up the true financial position of Australian households, rather than the usual single product or "silo" approach.

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