Moomin Valley

Interesting article in the AFR on what it takes to be in the top 1% in Australia currently by both income and wealth. You can go to the fre...

One of Moominmama's friends (from undergrad days in the world's most populous country) told her they have bought a house in one of t...

3.2% of households are in both the top income and top net worth deciles. That means their net worth is above $2.258 million and their annual...

  I didn't notice when the Australian Bureau of Statistics released the 2019-20 data on Australian household income and wealth distribut...

Well not quite . But people think they are more average financially than they are , on average. But the strange thing is that most peopl...

I met today with a "Premier Relationship Manager" at HSBC . We are going ahead with the mortgage refinancing. They will send a val...

The latest survey results have been released by ABS. To be in the top 1% in Australia you need to have a household net worth of about AUD...

People tend to think they are less relatively wealthy than they are . You can check out your perceptions against reality for a number of cou...

Every couple of years the Australian Bureau of Statistics surveys the distribution of household wealth in Australia. The most recent data is...

Snork Maiden's stepfather died. He was 80 years old. Her mother is much younger. Snork Maiden has gone to China to be with her mother f...

Interesting set of profiles in the Guardian . For a comparison, we make around £150,000 a year and have £230,000 in savings. Professor marri...

When measured in terms of median wealth per individual in US Dollars at $220,000. Switzerland is richest in terms of mean wealth per individ...

Thanks to high house prices and compulsory superannuation the average Australian household is much wealthier than the average American hous...

More interesting statistics from the US IRS . 34,000 estates needed to pay estate tax in 2009 and the average value of these estates was $5....

The US IRS puts out an annual report on the top 400 US taxpayers . In 2007, the average federal tax rate paid on adjusted gross income was o...

I always wondered how accurate lists such Forbes are. The payout to the Madoff trustee that Jeffrey Picower's widow is making shows that...

Some insights about class . In attitudes and circumstances I think I am on the border between the middle class and owning class. I try to be...

A comment I posted on " Graceful Retirement " as part of the ongoing discussion about Meg's blogposts : "I'm not too ...

Social class is a tricky concept to get a handle on. For one thing, class definitions vary quite a bit around the world. The "middle cl...

This table which I derived from a spreadsheet I downloaded from the IRS website * contains stunning data. You have probably heard that most ...