Wealth on the rise

Australia currently has 172,000 individuals who own at least $1 million in net assets – excluding their primary residence. Combined their wealth totals over $578 billion.

On a global scale Australia’s 7.1 per cent growth in wealthy individuals was dwarfed by India, which grew by 22.7 per cent, and China’s 20.3 per cent.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 26 June 2008