1384.6 - Statistics - Tasmania, 2005  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 13/09/2002   
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Contents >> Income >> Financial stress >> Level of financial stress

Approximately 13.9% of Tasmanian households were identified as being in ‘higher’ financial stress during 1998-99, compared to 12.6% of Australian households, i.e. they reported the incidence of 5 or more of the 15 identified deprivation and financial stress indicators.

A further 22.8% of Tasmanian households were identified as being in ‘moderate’ financial stress, compared to 21.2% of Australian households, i.e., they reported the incidence of 2 to 4 indicators of deprivation and financial stress.

The remainder of Tasmanian households (63.3%) reported no financial stress during 1998-99, compared to 66.2% of Australian households.

LEVEL OF FINANCIAL STRESS(a) - 1998-99

Tasmania
Australia

Level of stress indicated
% of all households
% of all households

Higher stress(b)
13.9
12.6
Moderate stress(c)
22.8
21.2
No stress(d)
63.3
66.2
Total
100.0
100.0

(a) The term 'financial stress' is used to reflect a measure of observed incidence of any of the 15 identified deprivation and financial stress indicators.
(b) A household was defined as being in 'higher financial stress' if it reported the incidence of 5 or more indicators.
(c) A household was defined as being in 'moderate financial stress' if it reported the incidence of 2 to 4 indicators.
(d) Includes 1 or no stress indicators reported.

Source: Australian Economic Indicators, June 2001 (Cat. no. 1350.0).


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