View the media release
 
View the media release
 
The ME Household Financial Comfort Report provides in-depth and critical insights into the financial situation of Australians based on a survey of 1,500 households.
 
The survey is designed, developed and produced biannually by ME with assistance from DBM Consultants and Economics & Beyond.
 
This edition presents the findings from the 13th survey, conducted in December 2017.

Key findings

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HOUSEHOLDS FEELING ‘STUCK’

No advances in financial comfort.

COST OF NECESSITIES A DRAG

Despite strong job gains, comfort with paying living expenses fell 3%

BILL PAYMENTS SLIPPING

Around 16% of households could not pay utility bills on time.

HIGH MORTGAGE STRESS

Over half of households are paying over 30% of their disposable household income towards rent or a mortgage.

 

VICTORIANS’ COMFORT PLUMMETS

…while NSW’s rises

GAP BETWEEN RICH AND POOR WIDENS 

Better economic condition's not trickling down.

Advice

Quick tips to save on household essentials

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Money tips for every age and stage

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Tracking your spending can change your life

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Previous reports.

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Contacts.

Jennifer Timm - Consumer PR Manager 0403 369 707
Mathew Read - Head of Public Relations 0432 130 338

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