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Financial circumstances in Australia in 2024

The section reports on your residents’ current and future personal financial circumstances, their ability to meet commitments and how they feel about the future economic prospects of their local area. It gives you the capability to explore how your residents’ views regarding their health compare beyond, across and within your LGA.

Australia Current Financial Circumstances
Metropolitan Australia: 2024
6.1
Regional Australia: 2024
5.8
Collected May 2024

Australia residents rated their current Personal Financial Circumstances an average of 6.0 out of 10, higher than Regional Australia: 2024 (5.8) and lower than Metropolitan Australia: 2024 (6.1).

Residents rated their current personal financial circumstances an average of 6.0 out of 10. When asked about the future, 28% forecast that their personal financial circumstances will get better in 12 months and 21% believe they will get worse.
How would you rate your personal financial circumstances?
Do you think your personal financial circumstance will get worse, stay the same or get better over the next year?
Australia 2024 (n = 5064)
6.0
Very poor
Excellent
Australia 2024 (n = 5064)
21%
51%
28%
Get worse
Stay the same
Get better
How often, if ever, are you late meeting your financial commitments?
Do you think the economic situation in your local area will get worse, stay the same or get better over the next year?
Australia 2024
Always late
2%
Often late
5%
Sometimes late
27%
Never late
66%
Australia 2024 (n = 5064)
35%
52%
13%
Get worse
Stay the same
Get better