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AAP
AAP
Business
Poppy Johnston

THE TRUTH ABOUT: Tight jobs market plagues manufacturing - The Untold Story

Falling home prices and superannuation contributed to a fall in personal wealth as inflation soars. (Glenn Hunt/AAP PHOTOS) (AAP)

Household wealth has slipped for the first time since the pandemic, with superannuation balances taking a hit from bearish markets locally and overseas.

The average Australian is now worth $553,954, a fall from $574,807 in the March quarter, with overall household wealth falling by 3.3 per cent.

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