Australian households, on average, have more income and wealth than in the past. Median equivalised disposable household income, an income measure that adjusts for household size, was $959 per week in 2019–20, although experience varies across households. This is after a period of not growing between 2013–14 and 2017–18. Average household net worth has also increased from $514,058 in 2003–04 to $1.4 million in 2021–22.
