Sunday, April 2

Household balance sheet

One of my favourite outputs from the National Financial Accounts is the Household Balance Sheet. The print for the December 2016 quarter was published last Thursday.

Some key highlights:
  • Australian households have a trillion dollars in currency and bank deposits
  • Superannuation is worth more than $2.5 trillion
  • Shares owned by households are worth more than $800 billion
  • The net worth of households was more than $9 trillion
  • Households had more than $6 trillion in residential land and buildings
  • At more than 350 per cent of nominal GDP, the value of residential land and buildings is as high as it has ever been.

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