ME's 15th Household Financial Comfort Report.
The financial comfort gap is closing between property owners and renters, and high income earners and other income brackets.
Overall Household Financial Comfort Index increased by 2% to 5.56 out of 10 – higher than the past five surveys
More households are saving, less are overspending, and comfort with short-term cash savings is on the rise.
Households are contributing less of their income towards housing each month – a common indicator of financial stress, and there’s a decline in being unable to meet debt servicing commitments.
Young single person with no children ACT
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Matthew Read - Head of External Relations 0432 130 338 Georgia Dossetor - Consumer PR Manager 0438 904 735 For customer enquiries, please call 13 15 63
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