Page tools: Print Page Print All | ||
FINANCIAL STRESSORS, QUEENSLAND Selected Financial Stress Indicators, by age group, Queensland, 2006 Source: General Social Survey, Queensland, 2006 (cat. no. 4159.3.55.001). Differing household composition was associated with different levels of financial stress. For example, of the 73,000 adults in lone parent households with children aged under 15 years, 37% reported that they could not raise $2,000 in an emergency, compared with 13% of the 752,000 adults in couple households with children aged under 15 years; 68% of adults in lone parent households had at least one cash flow problem (26% for adults in couple households with children aged under 15 years; and 49% of adults in lone parent households took at least one dissaving action (29% for those in couple households with children aged under 15 years. The reporting of financial stress does not necessarily imply that a household has low income. Some people in high income households reported financial stressors. Nevertheless, comparing the income characteristics of those experiencing financial stress shows that those in the lowest income quintile (the bottom 20% of people ranked by equivalised household income) were less likely to be able to raise money quickly for something important, more likely to have experienced cash flow problems in the last 12 months, and more likely to have taken a dissaving action in the past 12 months than people in the higher income quintiles. People in the second quintile were more likely to have had at least one cash flow problem in the previous twelve months than people in the lowest quintile. Selected Financial Stress Indicators, by equivalised household gross weekly income, Queensland, 2006 (a) Percentages for the fourth and highest quintilles are based on estimates where the RSE's are too high for practical purposes. Source: General Social Survey, Queensland, 2006 (cat. no. 4159.3.55.001). Document Selection These documents will be presented in a new window.
|