In a survey conducted by the Australian Institute of Family Studies between May and June 2021, among those with the lowest income (less than 500 Australian dollars per week), 32 percent were very concerned about their current financial situation and 37 percent were very concerned about their future financial situation. As the weekly income increased, the level of financial concern reduced.
Share of respondents by weekly income who were very concerned about family financial well being in Australia in 2021
Note: 5,334 people responded for the current section of the survey, and 5,324 people responded for the future section.
Couple-combined income for respondents with a spouse or partner.
The numbers shown are predicted probability of being very concerned about the family's current/future financial situation, based on logistic regressions that also include household composition, relationship status, housing tenure, work hours and age of respondent.
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Australian Institute of Family Studies. (November 4, 2021). Share of respondents by weekly income who were very concerned about family financial well being in Australia in 2021 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1277283/australia-weekly-income-of-people-very-concerned-about-family-finances/
Australian Institute of Family Studies. "Share of respondents by weekly income who were very concerned about family financial well being in Australia in 2021." Chart. November 4, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1277283/australia-weekly-income-of-people-very-concerned-about-family-finances/
Australian Institute of Family Studies. (2021). Share of respondents by weekly income who were very concerned about family financial well being in Australia in 2021. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1277283/australia-weekly-income-of-people-very-concerned-about-family-finances/
Australian Institute of Family Studies. "Share of Respondents by Weekly Income Who Were Very Concerned about Family Financial Well Being in Australia in 2021." Statista, Statista Inc., 4 Nov 2021, https://www.statista.com/statistics/1277283/australia-weekly-income-of-people-very-concerned-about-family-finances/
Australian Institute of Family Studies, Share of respondents by weekly income who were very concerned about family financial well being in Australia in 2021 Statista, https://www.statista.com/statistics/1277283/australia-weekly-income-of-people-very-concerned-about-family-finances/ (last visited November 21, 2024)
Share of respondents by weekly income who were very concerned about family financial well being in Australia in 2021 [Graph], Australian Institute of Family Studies, November 4, 2021. [Online]. Available: https://www.statista.com/statistics/1277283/australia-weekly-income-of-people-very-concerned-about-family-finances/
