PORSCHE and helicopter sales have plunged as the wealth of every Irish household dropped by more than €150,000 over the past two years.

A new report out today from National Irish Bank (NIB) shows that aggregate wealth in Ireland has surpassed €1 trillion for the first time in 2008, despite the recent drop in property prices and the crash in value of world stock markets.

Household wealth in Ireland has passed the €1trn mark for the first time, a new report revealed today.