Australian wealth soars
Australian household wealth has risen sharply over the past two years, as stock markets rebounded and housing prices and superannuation balances increased.
Fixed mortgage rates are well off their lows now, with Westpac announcing more increases yesterday.
It's not so for variable mortgage rates...at least, not yet.
And with all the refinancing going on, across all outstanding housing loans savings are still being made.
There were plenty of other interesting trends besides in the Reserve Bank's December chart pack.
