The devastating financial impact of the COVID-19 pandemic has been felt most acutely among those who have lost jobs or income and are now struggling to pay household bills, or worse, facing escalating debt.
CoreData’s COVID-19 Financial Hardship Snapshot summarises research conducted over the past nine weeks, since the pandemic struck, and provides insights into:
- Overall household financial position
- Household financial position over time
- Impact of job and income loss on bill stress for Australians
- The extreme measures taken by some to protect their financial situation
You can read the full snapshot by clicking on the image below.