Australia’s growing intergenerational divide

Wednesday 8 February 2017

On Monday, ME Bank released its latest Household Financial Comfort Report of 1500 Australians, which revealed a widening gap between rich and poor and young and old, as well as lower overall financial comfort.

Below is the executive summary, along with some key charts:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.