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July 07: Census reveals more Australians paying off mortgages

by Staff Reporter•Monday, 2 Jul 2007•7 minute read
The Adviser

Last week the Australian Bureau of Statistics released the results of the 2006 Census, the periodic stocktake on the nation when we discover more about our fellow Australians than we probably ever needed to know.

Some of the results were revelatory while others were unsurprising. Arguably falling into the latter category is the news that we’re wealthier than ever. But the fruits of our labour, it seems, are largely going into our homes – or rather into paying them off.

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