Property. It's the nation's biggest asset class by a vast margin. Nothing else comes close.
During the June quarter, for the first time in history, it cleared the $6 trillion mark, making it three and a half times larger than the sharemarket and far bigger than the $1.8 trillion currently sitting in superannuation accounts.
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Jacob Greber writes about politics, economics and business from Canberra. He has been a Washington correspondent and economics correspondent. Connect with Jacob on Twitter. Email Jacob at jgreber@afr.com
Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
