According to a 2024 survey in Australia, nearly 47 percent of Gen Z respondents had no debt at all. The generation with the second-highest share of respondents with no debt was the Baby Boomer generation, in which nearly 45 percent of respondents said they had no debt.
Average value of personal debt in Australia in 2024, by generation
(in Australian dollars)
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InfoChoice, & Savings.com.au. (October 18, 2024). Average value of personal debt in Australia in 2024, by generation (in Australian dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1227995/australia-average-personal-debt-value-by-generation/
InfoChoice, und Savings.com.au. "Average value of personal debt in Australia in 2024, by generation (in Australian dollars)." Chart. October 18, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1227995/australia-average-personal-debt-value-by-generation/
InfoChoice, Savings.com.au. (2024). Average value of personal debt in Australia in 2024, by generation (in Australian dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1227995/australia-average-personal-debt-value-by-generation/
InfoChoice, and Savings.com.au. "Average Value of Personal Debt in Australia in 2024, by Generation (in Australian Dollars)." Statista, Statista Inc., 18 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1227995/australia-average-personal-debt-value-by-generation/
InfoChoice & Savings.com.au, Average value of personal debt in Australia in 2024, by generation (in Australian dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1227995/australia-average-personal-debt-value-by-generation/ (last visited November 10, 2024)
Average value of personal debt in Australia in 2024, by generation (in Australian dollars) [Graph], InfoChoice, & Savings.com.au, October 18, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1227995/australia-average-personal-debt-value-by-generation/
