Financial situation

29 Oct 2019

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

	Total	Gender		Age			Results at Sep’17
	Total	Male	Female	18-34	35-54	55+	Results at Sep’17
I am financially comfortable	38%	41%	35%	42%	32%	41%	33%
I can manage household bills but struggle to afford anything extra	39%	39%	40%	37%	39%	41%	43%
I feel under financial pressure	22%	19%	25%	19%	29%	17%	20%
Don’t know	1%	1%	1%	2%	0%	0%	4%
Base (n)	1,033	516	517	298	366	369	1,011

Participant’s financial situations have improved since Sep’17 with 38% now saying they are financially comfortable (up 5pt) and 39% (down 4pt) saying they can manage household bills but struggle to afford anything extra.
Still 22% (up 2pt from Sep’17) feel under financial pressure.
Those aged 35-54 (29%), low income earners (37%) and single people (33%) are more likely to feel under financial pressure, than those aged 18-34 (19%) or 55+ (17%), earning higher incomes (13%) or married/in a de facto relationship (14%).
Capital city residents (41%), those with a university education (49%) and high-income earners (58%) are more likely to feel financially comfortable than non-capital residents (32%), those with a lower level of education (31%) and lower income earners (31%).

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