1370.0 - Measures of Australia's Progress, 2010  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 15/09/2010   
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National wealth

Real financial assets(a) per capita(b)
Graph Image for Real financial assets(a) per capita(b)

Footnote(s): (a) Reference year 2007-08. (b) At 30 June.

Source(s): ABS Australian System of National Accounts, 2008-09 (cat. no. 5204.0); ABS Australian Demographic Statistics (cat. no. 3101.0)
Real financial assets(a) per capita - average annual growth rate - 1999 to 2009(b)
Graph Image for Real financial assets(a) per capita - average annual growth rate - 1999 to 2009(b)

Footnote(s): (a) Reference year 2007-08. (b) At 30 June.

Source(s): ABS Australian System of National Accounts, 2008-09 (cat. no. 5204.0); ABS Australian Demographic Statistics (cat. no. 3101.0)

FINANCIAL ASSETS

Australia's financial assets (i.e. currency, shares, loans and other securities) with the rest of the world more than doubled in real per capita terms between June 1999 and June 2009 (up by 7.7% per year) from $22,100 to $46,500 (in 2007-08 prices). However financial assets are only a small part of total assets, accounting for 12% in real terms in June 2009, up from 7% in June 1999.

Shares and other equity, while accounting for almost half of financial assets per capita in June 2009 (47%, down from 60% in June 1999), grew by an average of 5.2% per year between 1999 and 2009 in real terms. Currency and other deposits and Securities other than shares all grew at a significantly faster rate in real terms (around 12% per year) although each has come from a relatively lower base (accounting for 8% and 23% respectively of all financial assets).

RELATED PAGES

  • National wealth glossary
  • National wealth references

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