Financial Standard Comments - Australian wealth increases despite variable global growth: UBS Australia saw a 10% jump in median wealth, with latest findings showing the country is seeing a more "equal spread" of wealth than most nations. https://www.financialstandard.com.au/feed/latest?story=179808923 Fri, 20 Jun 2025 08:47:15 +1000 Fri, 20 Jun 2025 08:47:15 +1000 en-AU Copyright 2026 Financial Standard 5 Comment by Anthony Asher (UNSW)

To the extent that we have built more houses, we are wealthier, but it is probably more accurate to say that asset price inflation has pushed up the nominal value of land. Those with land have nothing to show for it, and those without are faced with ever higher rents. Overall, one might make the case that we are poorer.

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]]> Anthony Asher (UNSW) Fri, 20 Jun 2025 08:47:15 +1000