Australia is becoming richer by getting older. Australian household net worth rose from an average of $764,500 in 2011-2012 to $1,022,000 in 2017-2018 . Those under 35 have barely seen any increase. The old, in particular the over-45s, are getting richer faster than the young. Older households are also a greater proportion of the sample, and of the population.
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This pice of art.
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