FEELING poorer? Since December 2007, you've probably lost $33,500 if you're an "average" Australian.

If you come from an average household, that household lost about $110,000.

Commonwealth Securities has calculated the losses using Treasury data released to economic modellers yesterday and Australian population estimates.

The Treasury says Australian households have lost a total of $602 billion in the five quarters since the economic crisis took hold, the longest run of wealth destruction in the five decades it has been compiling figures.

Household wealth per person peaked at $250,200 in December 2007 and fell to $216,700 by this March.