2 Oct 2020
Australian Bureau of Statistics (ABS)
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
The ABS has just released the ‘General Social Survey: Summary Results, Australia’ for 2019 which states that 19.5% of households in Australia do not have the means to raise $2,000.
That means that 1.6 million households of the estimated 8.3 million households in Australia or 4 million people cannot raise $2,000 within a week for something important.
Do not understand. How is the case?
Australia is such a wealthy country and full of opportunity.
Click for General Social Survey.
Note, this was the case before the impact of the COVID-19 Pandemic.
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