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Name: Older Australians driving intergenerational wealth divide
Uploaded: 2024-06-03T11:19:11.484Z
Duration: 2 min 12 s
Description: Higher home prices are contributing to the wealth divide with older Australians more likely to benefit. Those over the age of 60 are set to transfer an estimated $3.5 trillion, mostly to their families over the next two decades. But that also poses the question: what happens to all that wealth in the future?

Older Australians driving intergenerational wealth divide

Published 3 June 2024, 9:25 am

Higher home prices are contributing to the wealth divide with older Australians more likely to benefit. Those over the age of 60 are set to transfer an estimated $3.5 trillion, mostly to their families over the next two decades. But that also poses the question: what happens to all that wealth in the future?

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Australia