Aussies will move interstate for money: ING DIRECT

Aussies will move interstate for money: ING DIRECT

by 0 comments

Staff Reporter

Almost one third of all Australians said they would pull up stumps and relocate interstate if it meant they would be better off financially.

According to the latest ING DIRECT Financial Wellbeing Index, 31 per cent of Australians said they would move to save money.

Of those that said they were happy to relocate for their own financial benefit, 46 per cent said they would move to Queensland.

New South Wales came a close second, with 40 per cent saying they would relocate to the eastern state.

“It’s apparent from the results that many households are focused on financial security and are willing to move for a better life,” ING DIRECT chief executive Vaughn Richtor said.

“The key driver for relocating is the prospect of earning a higher salary - nominated by 32 per cent of those who’d consider a move.

“The chance to enjoy a better work/life balance ran second, securing 30 per cent of the vote.”

Staff Reporter

Almost one third of all Australians said they would pull up stumps and relocate interstate if it meant they would be better off financially.

According to the latest ING DIRECT Financial Wellbeing Index, 31 per cent of Australians said they would move to save money.

Of those that said they were happy to relocate for their own financial benefit, 46 per cent said they would move to Queensland.

New South Wales came a close second, with 40 per cent saying they would relocate to the eastern state.

“It’s apparent from the results that many households are focused on financial security and are willing to move for a better life,” ING DIRECT chief executive Vaughn Richtor said.

“The key driver for relocating is the prospect of earning a higher salary - nominated by 32 per cent of those who’d consider a move.

“The chance to enjoy a better work/life balance ran second, securing 30 per cent of the vote.”

promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

With a combined sales volume of over $14 billion in 2017, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
Marnie Seinor on structure, database DNA and connecting with her local community

There’s no such thing as an “off switch” in real estate – so says McGrath agent Marnie Seinor, who came in at number 78 in this year...

View all podcasts

Does the benefit of being part of a branded group outweigh the cost?

Yes
No
Depends on the group
Do you have an industry update?