ACOSS: Age and Wealth Must Be Considered Together to Address Generational Wealth Divide
Quick Look
- ACOSS urges the federal government to consider age and wealth together to tackle the growing generational wealth gap.
- Younger Australians under 35 hold only 7% of national wealth, while older households hold the majority.
- Renting is also highlighted as an essential service needing government intervention.
AI-generated summary
ACOSS urges the federal government to consider age and wealth together to tackle the growing generational wealth gap. Younger Australians under 35 hold only 7% of national wealth, while older households hold the majority. Renting is also highlighted as an essential service needing government intervention.

