Wealth Exodus: Australians Flock To Property Investment Over Business


The proportion of working-age Australians who run a business which employs people fell from 13.8 percent in 2002 to just 9.8 percent in 2022, according to CEDA. Fewer Australians are putting their capital into businesses, with the drop most acute among the wealthy, new data from the Committee for Economic Development of Australia (CEDA) shows. Instead, more wealth is flowing into property.