Australia’s retirement system warped by houses

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Although older Australians have captured an increasing share of Australia’s wealth:

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Largely because they have increased their home ownership rates over the past 55 years at the same time as home values have skyrocketed:

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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.