Essential Report

Financial situation

Sep 19, 2017

Q. Which of the following statements best describes your financial situation?

  Total   Men Women Aged 18-34 Aged 35-54 Aged 55+
I am financially comfortable 33%   36% 29% 33% 34% 30%
I can manage household bills but struggle to afford anything extra 43%   41% 46% 37% 46% 48%
I feel under financial pressure 20%   18% 21% 23% 17% 20%
Don’t know 4%   5% 4% 7% 3% 2%

 

33% said they were financially comfortable, 43% were managing and 20% said they were under financial pressure.

 

29% of those on incomes less than $600 pw said they were under financial pressure compared to 15% of those earning $2,000+ pw.

17% of those on incomes less than $600 pw said they were financially comfortable compared to 46% of those earning $2,000+ pw.

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