Much like Australia, household debt is increasing in the United Kingdom. This report examines how the financial impacts of COVID-19 may affect people in different demographic groups and regions, and explores experiences of debt and household finance before and during the pandemic.
This report explores people's responses to the financial impact of COVID-19 and their concerns about their current and future financial situations.
NATSEM undertakes independent and impartial research that contributes to policy design and analysis. Their work includes models that show how policy scenarios shape tax and welfare payments. This report is based on the STINMOD+ tax and transfer microsimulation model, which is used to estimate the...
It is often observed that the level of household debt (relative to income) is high in Australia compared with other countries and its own history. Concerns about how this will influence the economy’s ability to navigate a major downturn have for many years been central...
Many changes have occurred in Australia since the establishment of the Australian Institute of Family Studies in 1980. This snapshot report outlines some of the significant changes in household incomes, household wealth and also the amount of household debt over the last forty years.
Economic modelling by the Mitchell Institute has found that many families will be significantly financially worse off, following the reintroduction of childcare fees for parents.
Prime Minister Tony Abbott claims every Australian household will benefit by $550 a year if the carbon tax is axed.
Prime Minister Tony Abbott and Environment Minister Greg Hunt claim axing the carbon price will save households an average of $550 next financial year.
This analysis of recent UK economic support measures suggests that the crisis will exacerbate inequalities between the working poor and the asset-owning wealthy.