{"id":10194,"date":"2017-11-14T07:30:43","date_gmt":"2017-11-13T18:30:43","guid":{"rendered":"http:\/\/propertynoise.co.nz\/au\/?p=10194"},"modified":"2017-11-14T07:30:43","modified_gmt":"2017-11-13T18:30:43","slug":"australia-nation-cash-poor-millionaires","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/australia-nation-cash-poor-millionaires\/","title":{"rendered":"Australia: a nation of cash-poor millionaires"},"content":{"rendered":"<p>Who wants to be a millionaire? Forget the game\u00a0show and the song titles \u2013 the average Australian household now has more than a million dollars in net wealth. The trouble is we are becoming increasingly cash poor.<\/p>\n<p>While the value of our homes has risen to the point where the average household can boast millionaire status \u2013 on paper at least \u2013 Deloitte Access Economists has found 37 per cent of households are\u00a0concerned about their ability to pay their bills and household costs. It\u00a0expects this number to increase to 40 per cent within two years.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-medium wp-image-10195\" src=\"http:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2017\/11\/A-new-report-suggests-if-day-to-day-living-expenses-increased-one-in-three-Australian-households-would-cut-back-on-groceries.-300x168.jpg\" alt=\"\" width=\"300\" height=\"168\" srcset=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2017\/11\/A-new-report-suggests-if-day-to-day-living-expenses-increased-one-in-three-Australian-households-would-cut-back-on-groceries.-300x168.jpg 300w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2017\/11\/A-new-report-suggests-if-day-to-day-living-expenses-increased-one-in-three-Australian-households-would-cut-back-on-groceries..jpg 620w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/p>\n<p>A new report suggests if day-to-day living expenses increased, one in three Australian households would cut back on groceries. \u00a0<cite>Photo: Louise Kennerley<\/cite><\/p>\n<p>READ MORE VIA <a href=\"http:\/\/www.smh.com.au\/business\/retail\/australia-a-nation-of-cashpoor-millionaires-20171113-gzk6iq.html\">SMH<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Who wants to be a millionaire? Forget the game\u00a0show and<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/australia-nation-cash-poor-millionaires\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478098691,478098519,478098535,478098522,478098690,478098513,478098510,478098514,478098511,478098509],"class_list":["entry","author-data123nz","post-10194","post","type-post","status-publish","format-standard","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-cash-poor","tag-home-ownership","tag-house-prices","tag-interest-rates","tag-millionaires","tag-property","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Australia: a nation of cash-poor millionaires - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/australia-nation-cash-poor-millionaires\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia: a nation of cash-poor millionaires - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"Who wants to be a millionaire? 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