News

Households got richer last year

Tuesday 7th of December 2004

Rising house prices outpaced increases in net debt to deliver a 14.8% increase in net household wealth during the year ending 30 September.

The Spicers Household Savings Indicators show that net household wealth increased by 2.2% in the September quarter from the June quarter.

Spicers’ chief economic adviser, Roz...

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