--- 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 --- ![Where do you sit in the money stakes?](https://elladex.com/hs-fs/hubfs/ON%20THE%20DEX%20-%20HEADER%20BANNER%20(3)-Mar-16-2023-03-19-29-2711-AM.png?width=1680&height=650&name=ON%20THE%20DEX%20-%20HEADER%20BANNER%20(3)-Mar-16-2023-03-19-29-2711-AM.png) ###### [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. ## More from The Dex. #### Get the latest news, opinions and guidance from some of business’ most bright-minded thinkers. 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Speak up for other women." — Catherine Fox AM ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Shivani Gopal", "url" : "https://elladex.com/on-the-dex/author/shivani-gopal" }, "dateModified" : "2023-03-16T23:47:13.027Z", "datePublished" : "2023-03-16T23:47:13.000Z", "headline" : "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" ], "mainEntityOfPage" : { "@id" : "https://elladex.com/on-the-dex/where-do-you-sit-in-the-money-stakes", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://elladex.com/hubfs/Elladex_Logo_RGB_Icon_White.png" }, "name" : "The Remarkable Woman" } } ```