Approximately 13.9% of Tasmanian households were identified as being in ‘higher’ financial stress during 1998-99, compared to 12.6% of Australian households, i.e. they reported the incidence of 5 or more of the 15 identified deprivation and financial stress indicators.
A further 22.8% of Tasmanian households were identified as being in ‘moderate’ financial stress, compared to 21.2% of Australian households, i.e., they reported the incidence of 2 to 4 indicators of deprivation and financial stress.
The remainder of Tasmanian households (63.3%) reported no financial stress during 1998-99, compared to 66.2% of Australian households.
LEVEL OF FINANCIAL STRESS(a) - 1998-99
|
 | Tasmania | Australia |
| | |
| Level of stress indicated | % of all households | % of all households |
|
| Higher stress(b) | 13.9 | 12.6 |
| Moderate stress(c) | 22.8 | 21.2 |
| No stress(d) | 63.3 | 66.2 |
| Total | 100.0 | 100.0 |
(a) The term 'financial stress' is used to reflect a measure of observed incidence of any of the 15 identified deprivation and financial stress indicators.
(b) A household was defined as being in 'higher financial stress' if it reported the incidence of 5 or more indicators.
(c) A household was defined as being in 'moderate financial stress' if it reported the incidence of 2 to 4 indicators.
(d) Includes 1 or no stress indicators reported.
Source: Australian Economic Indicators, June 2001 (Cat. no. 1350.0). |
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