From grunge to Grange: How Gen X became wealthier homeowners than Boomers

The financial dominance of Baby Boomers is beginning to fade as new analysis shows Gen X has more wealth in property and shares than any other generation.

While Boomers still have the highest overall net worth, the average housing wealth of Gen X households has reached $1.31 million, pipping the previous generation’s $1.299 million, according to a KPMG study of Australian Bureau of Statistics wealth and expenditure data.

Know More: https://www.brisbanetimes.com.au/politics/federal/from-grunge-to-grange-how-gen-x-became-wealthier-home-owners-than-boomers-20250101-p5l1j4.html