Key Highlights

  • Total household Wealth increased 1.0%, or AUD 201.1bn, during the June quarter 2026.
  • Superannuation Assets rose 5.2%, contributing AUD 231.3bn to quarterly household wealth growth.
  • Land and dwelling values fell 0.2%, marking their first decline since September 2022.
  • Household Demand for Credit reached a record AUD 72.6bn during the quarter.

Australia’s household Balance Sheet moved higher in the June quarter, but the source of that growth shifted away from property. Superannuation gains became the main driver as Equity markets recovered, while residential land and dwelling values declined and household borrowing increased. The latest figures show how financial assets, property values and Debt combined to shape household wealth through the quarter.

Superannuation Takes the Lead

Total household wealth increased by 1.0%, or AUD 201.1bn, in the June quarter 2026. Superannuation provided the largest positive contribution, adding AUD 231.3bn as superannuation assets grew 5.2% over the quarter. The increase reflected gains across global and domestic equity markets after relatively low share price levels at the beginning of the Middle East conflict in March.

Shares and other equity added a further AUD 35.6bn to household wealth, while other financial assets contributed AUD 30.5bn. Currency and deposits made no contribution to quarterly growth.

Property Values Move in the Opposite Direction

The quarter presented a different picture for residential property. The value of land and dwellings fell 0.2%, reducing household wealth by AUD 28.7bn. This was the first quarterly decline in land and dwelling values since September 2022.

Lower property prices drove the fall, with the mean dwelling price declining 0.7% and decreases recorded across New South Wales, Victoria and the Australian Capital Territory. Despite the quarterly decline, the value of land and dwellings remained 8.0% higher than a year earlier.

Borrowing Limits the Overall Increase

Liabilities also weighed on the quarterly wealth result. Household borrowing increased 2.2%, or AUD 73.4bn, reducing overall household wealth growth by 0.4 percentage points.

The broader credit data showed total demand for credit of AUD 132.7bn during the quarter, down AUD 24.7bn from the previous quarter. Private non-financial businesses accounted for AUD 73.5bn of demand, while household demand reached a record AUD 72.6bn. General government demand was negative AUD 18.3bn as the Commonwealth government repaid maturing debt securities.

Housing Loans Drive Household Credit Demand

Growth in housing Loan balances and borrowing by private unincorporated businesses, including sole traders, drove household demand for credit. Although total borrowing activity fell from the previous quarter, new borrowing remained elevated and continued to support growth in housing loan balances.

For private non-financial businesses, credit demand was supported by AUD 43.8bn in loan funding and AUD 23.6bn in equity raising. Together, the figures show that household wealth growth occurred alongside continued demand for finance across households and businesses.

What to Watch Next

The June quarter shows a household wealth profile in which superannuation and financial-market performance outweighed softer residential property values and higher liabilities. Future movements will depend on how these components develop, particularly superannuation assets, dwelling values and household borrowing.