Essential Report

Financial situation during Covid-19 outbreak

Apr 7, 2020

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

NET: Agree 06/04 29/03 22/03
I do not expect the Covid-19 will impact my income 24% 26% 24%
I have sufficient savings to deal with a short-term loss of income 28% 32% 26%
I will struggle with a short-term loss of income, but will get by 31% 23% 29%
I will be in serious financial stress with short-term loss of income 16% 20% 21%
Base (n) 1,069 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 24% 25% 23% 13% 19% 32% 25% 29%
I have sufficient savings to deal with a short-term loss of income 28% 29% 27% 27% 24% 31% 29% 26%
I will struggle with a short-term loss of income, but will get by 31% 31% 32% 38% 34% 27% 31% 29%
I will be in serious financial stress with short-term loss of income 16% 15% 18% 22% 23% 10% 15% 17%
Base (n) 1,069 523 546 341 342 386 731 338

 

    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 24% 21% 26% 12% 27% 46%
I have sufficient savings to deal with a short-term loss of income 28% 24% 30% 33% 20% 29%
I will struggle with a short-term loss of income, but will get by 31% 36% 29% 39% 31% 17%
I will be in serious financial stress with short-term loss of income 16% 19% 15% 16% 22% 8%
Base (n) 1,069 353 716 533 255 223

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