To qualify for Australia's one per cent, you need to be worth at least $5 million.

Data released last month, for the 2015-2016 fiscal year, showed for the first time that more than one quarter of all households were worth more than $1 million.

In fact the "average" Australian household was worth $929,400, although when it comes to measuring wealth, averages tend to be skewed by those ultra-wealthy in the aforementioned one per cent. The median household wealth, that is the middle household if you'd lined up Australia's households from richest to poorest, is worth $527,000.

The bureau also divides the nation's households into 10 different equal-sized groups, or deciles: the poorest 10 per cent, the second poorest 10 per cent, etc.

The graphic below shows how much money you need to qualify for each decile. For example, 90 per cent of Australians have more than $33,500; 80 per cent have more than $104,500, etc.