Powered by MOMENTUM MEDIA
realestatebusiness logo
Subscribe to our newsletter SIGN UP

True depth of financial stress revealed

14 July 2009 Reporter

More than 39 per cent of working Australians could only survive for 30 days on their current savings if they lost their job, statistics from Dun & Bradstreet’s Consumer Credit Expectations Survey today revealed.

According to the survey, Australians are feeling challenged by current economic conditions, with middle income households ($30,000-69,999) and the two younger age groups (18-34 and

35-49 year olds) in particular, demonstrating signs of financial stress.

The survey also revealed that 38 per cent of Australians will resort to using their credit card as a means of managing household expenses during the September quarter.

Advertisement
Advertisement
True depth of financial stress revealed
default
lawyersweekly logo
FROM THE WEB
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
Do you have an industry update?
REAL ESTATE BUSINESS NEWSLETTER
Ensure you never miss an issue of the Real Estate Business Bulletin. Enter your email to receive the latest real estate advice and tools to help you sell.