In a survey conducted in Australia in 2024, respondents from Gen Z had an average cash savings balance of around 12 thousand Australian dollars. Baby Boomer respondents had the highest average cash savings balance of around 48 thousand dollars.
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Average value of cash savings of Australians in 2024, by generation
(in Australian dollars)
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Average value of cash savings of Australians in 2024, by generation
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finder.com. (August 27, 2024). Average value of cash savings of Australians in 2024, by generation (in Australian dollars) [Graph]. In Statista. Retrieved June 27, 2025, from https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/
finder.com. "Average value of cash savings of Australians in 2024, by generation (in Australian dollars)." Chart. August 27, 2024. Statista. Accessed June 27, 2025. https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/
finder.com. (2024). Average value of cash savings of Australians in 2024, by generation (in Australian dollars). Statista. Statista Inc.. Accessed: June 27, 2025. https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/
finder.com. "Average Value of Cash Savings of Australians in 2024, by Generation (in Australian Dollars)." Statista, Statista Inc., 27 Aug 2024, https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/
finder.com, Average value of cash savings of Australians in 2024, by generation (in Australian dollars) Statista, https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/ (last visited June 27, 2025)
Average value of cash savings of Australians in 2024, by generation (in Australian dollars) [Graph], finder.com, August 27, 2024. [Online]. Available: https://www.statista.com/statistics/1332094/australia-average-value-of-cash-savings-2022-by-generation/
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