Report – Hard times: Australian households and financial insecurity

Report – Hard times: Australian households and financial insecurity

11 October 2018

This report presents findings from a study of people with low or unstable incomes and how they manage short- and longer-term financial risk.

This report has been published by the Brotherhood of St Laurence.

Seventy participants from three local government areas in Melbourne that reported high rates of financial stress were interviewed to examine their strategies for coping with financial insecurity.

The report findings showed that survey participants employed a variety of strategies to cope with their financial insecurity, including:

  • juggling expenses
  • doing without food and transport and avoiding socialising
  • borrowing small amounts of money, trading goods and services, and putting away small amounts of money for future expenses.

Download the report from the Brotherhood of St Laurence website.

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