---
title: Where do you sit in the money stakes?
description: Where do you sit in the money stakes?
image: https://elladex.com/hubfs/ON%20THE%20DEX%20-%20%20THUMBNAIL%20(4)-Mar-16-2023-03-21-02-2239-AM.png
---

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###### [Featured Article](https://elladex.com/on-the-dex/tag/featured-article), [Money](https://elladex.com/on-the-dex/tag/money) .

###### 16 Mar 2023

###### 1 Min Read

# Where do you sit in the money stakes?

If you’re wondering where you sit in regard to earnings or assets, new figures from [McCrindle](https://mccrindle.com.au/article/australias-income-and-wealth-distribution/) make interesting reading. Could it be time to ask for a pay rise, or consider new ways to save or invest? 

The research company found:

\* The average full-time annual earnings are $97,510 with household gross annual income at $121,108.

\* Generation Y households make up 15% of the population, but own only own 5% of the share of the national wealth with an average household net worth of $353,800. 

\* Boomers are the best off financially, having around double the share in national wealth compared to their population size. 

\* The average earnings of the top 20% are 12x the average earnings of the bottom 20% and the wealth of the average household in the top 20% is 93x the average wealth of those in the bottom 20%. 

\* While the average household gross income is $121,108, however the top 20% of households earn 48% of all income. With the bottom 20% who are left with 4% of Australia’s income. 

 \* From 1981 to 2021, the average full-time total earnings for Australian adults increased 5.9 times, from $15,800 (1981) to $93,500 (November 2021). Today the average adult full time wage is $97,510 with median house prices across Australia at $1,008,988 or 10.3 times the average earnings.

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###### [Unequal Pay- It Doesn't Add Up!](https://elladex.com/on-the-dex/unequal-pay-it-doesnt-add-up)

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[Featured Article](https://elladex.com/on-the-dex/tag/featured-article), [Money](https://elladex.com/on-the-dex/tag/money), [Current Affairs](https://elladex.com/on-the-dex/tag/current-affairs)

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[Featured Article](https://elladex.com/on-the-dex/tag/featured-article), [Wellbeing](https://elladex.com/on-the-dex/tag/wellbeing)

 1 Oct 2024

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###### [From Pyjamas to Office Chic](https://elladex.com/on-the-dex/from-pyjamas-to-office-chic)

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