Conducted regularly since 2018, the Ipsos Financial Circumstances and Commitments report is a cross generational look at Australians’ standard of living, future financial circumstances and propensity to be late in meeting their various financial obligations.
With cost-of-living pressures and inflation on the rise, the latest wave of the Ipsos Financial Circumstances Report has found the proportion of Australians satisfied with their standard of living continues to decline. Since July 2020, that decline has been felt disproportionately among Australian women, who have seen a dramatic decrease over this period.
- Most expect their financial circumstances to improve over the next 12 months
- A reduction in those being late with payment commitments, but 17% still report being late with payments
A new study conducted by Ipsos Australia to look at the Financial circumstances of Australian’s finds that COVID-19 is financially impacting Australians, with a marginal increase in the proportion of Australians reporting they are consistently late in meeting financial obligations.
Conducted annually since 2018, the Ipsos Financial Circumstances and Commitments report is a cross generational look at Australians’ standard of living, future financial circumstances and propensity to be late in meeting their various financial obligations.