Misperceptions about IP cover a red flag for life industry

Nearly half of consumers who currently have income protection insurance believe they would be covered in the event of job loss, new research from CoreData has found. The research, based …

Struggling Australians still hesitant to drawdown on their retirement savings

One in two Australians struggling with household bills admit if they were eligible to access their super early, they would be more concerned about reducing their retirement wealth than about …

COVID-19 blow to gender employment parity doesn’t tell the whole story

Women are more likely than men to have lost their job due to COVID-19, but the pandemic could drive greater employment parity in the long-term, CoreData’s latest research has found. …

Australians postpone mortgage pain as value of home loan repayment deferrals mounts

Nearly one in five Australians with a mortgage expect to freeze repayments in the next 12 months, revealing the extent to which repayment holidays will help many homeowners avoid the …

One in five believe avoiding a recession is worth 106,000 lives

More than one in five Australians are willing to see tens of thousands of their compatriots fall victim to COVID-19 if it means the country will avoid going into a …

Australians begin to adjust to the ‘new normal’

It’s been a month since the Federal government took drastic action to stop the spread of coronavirus in Australia, mandating the closure of many businesses and implementing stricter social distancing …

First home buyers to the rescue in a post-COVID-19 world

Government restrictions on physical open houses and auctions, key elements of the residential property buying process, are likely to be a major drag on the residential property market in a …

Bill stress on the rise as Australians face a new reality

New research by CoreData reveals that the COVID-19 pandemic has seen the number of Australians in a ‘good’ financial position and comfortably able to pay their household bills decline to …

Beware the bull trap: sentiment improves, but fundamentals unchanged

Investor sentiment continues to improve, after diving deeply into negative territory in the early stages of the coronavirus pandemic. CoreData’s Investor Sentiment Index has ticked higher for a third straight …

Fear down, job-seeking up as Australians feel the financial impact of COVID-19

It has been three weeks since CoreData launched its COVID-19 Consumer Impact Pulse Check, and positivity about the Federal Government response continues to grow, as fear of the likely financial …

Australians taking action amid COVID-19 pandemic to secure their financial future

The pseudo-lockdown of Australia’s economy has changed everyday life dramatically, and while social media will emphasise the extreme behaviours, CoreData is focused on the practical actions Australians are taking to …

The mood improves as governments stimulate public sentiment

As Australia headed into Easter, the original epicentre of the COVID-19 outbreak formally lifted strict lockdowns that had been in place for over two months. Although hardly out of the …

Deteriorating mental health a concern for the beleaguered income protection sector

Life insurance has typically been considered a recession-proof industry. This is partly because the need for insurance doesn’t go away during an economic slowdown – in fact, the need to …

Buying the dip and FOMO: investor sentiment in a time of COVID-19

Earlier this year, with COVID-19 seemingly contained to mainland China, many anticipated a local market recovery, with a budget surplus perhaps within reach despite a summer of unprecedented bushfires. The …

It’s tough out there: the impact of COVID-19 on Aussies’ finances and wellbeing

As the world bunkers down in an effort to bring the coronavirus (COVID-19) pandemic under control, Australians are taking their own steps to mitigate its impact on their financial and …