Essential Report

Financial situation during Covid-19 outbreak

Mar 31, 2020

Q. Which of the following best describes your financial situation during the Covid-19 outbreak?

NET: Agree 29/03 22/03
I do not expect the Covid-19 will impact my income 26% 24%
I have sufficient savings to deal with a short-term loss of income 32% 26%
I will struggle with a short-term loss of income, but will get by 23% 29%
I will be in serious financial stress with short-term loss of income 20% 21%
Base (n) 1,086 1,034

 

    Gender Age Group Location
  Total Male Female 18-34 35-54 55+ Capital Non-Capital
I do not expect the Covid-19 will impact my income 26% 31% 20% 23% 21% 32% 27% 22%
I have sufficient savings to deal with a short-term loss of income 32% 31% 33% 40% 33% 23% 32% 30%
I will struggle with a short-term loss of income, but will get by 23% 20% 25% 27% 30% 12% 24% 21%
I will be in serious financial stress with short-term loss of income 20% 18% 22% 10% 16% 32% 17% 26%
Base (n) 1,086 539 547 341 362 383 727 359

 

    Household Employment
  Total Have dependent children Do not have dependent children In paid employment Not in paid employment Retired
I do not expect the Covid-19 will impact my income 26% 22% 27% 27% 17% 32%
I have sufficient savings to deal with a short-term loss of income 32% 33% 31% 36% 32% 18%
I will struggle with a short-term loss of income, but will get by 23% 27% 21% 25% 33% 4%
I will be in serious financial stress with short-term loss of income 20% 18% 21% 11% 18% 46%
Base (n) 1,086 713 373 567 274 202

 

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