Skip to content

RESERVE BANK OF AUSTRALIA

Bulletin – June Quarter 2012

Households' Appetite for Financial Risk

Susan Black, Lamorna Rogers and Albina Soultanaeva

View the article HTML or PDF 647K

Abstract:

Australian households' appetite for risk appears to have declined in recent years with households having actively shifted their portfolios away from riskier financial assets. The change in the composition of financial assets has been seen across most age and income groups. The shift in households' actual risk exposures also accords with changes in self-reported preferences for risk.