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Artikel-artikel mengenai Financial stress

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Mental health issues resulting from COVID-19 and efforts to contain it are the fourth wave of the pandemic. (Pixabay, Canva)

Mental health impact of coronavirus pandemic hits marginalized groups hardest

The pandemic’s mental health toll is not distributed equally. Its impact is disproportionately felt by racialized groups, Indigenous Peoples, people with disabilities and those experiencing poverty.
Household economic stress of the type brought on by COVID-19 is likely resulting in more stressed-out, anxious and hyperactive children, according to past data. (Piqsels)

COVID-19’s economic impact could be stressing out our kids

The effects of economic stress on children are big. Parents’ anxiety about their financial situation is equivalent to the effect of a divorce, and is likely at play amid COVID-19.
In low-rent outer suburbs, almost one in six households could not afford to keep their house cool and went without meals. ChameleonsEye/Shutterstock

Private renters are doing it tough in outer suburbs of Sydney and Melbourne

While politicians ignore calls to raise Newstart, alarming levels of financial stress among private renters, particularly in low-rent outer suburbs, show why current welfare payments are too low.
Businesses are structuring their lending practices to exploit loopholes in consumer credit laws. Shutterstock

Four common debt traps: payday loans, consumer leases, blackmail securities and credit ‘management’

Here are the four common lending practices identified by the Australian inquiry into credit and financial services targeted at those at risk of financial hardship.
Unemployment and underemployment, as well as physical and mental health problems, were the most common experiences of people falling behind on debts. Shutterstock

What 1,100 Australians told us about the experience of living with debt they can’t repay

Australia’s first large-scale study on the experiences of people in financial hardship contradict the idea most debt problems are due to poor choices.
Many students reported regularly going without necessities including food, medications, fuel and prescribed textbooks. Shutterstock

Balancing work and tertiary study is harder now than in 2012: study

The percent of students going without food or other necessities has risen since 2012, with students indicating work-study balance was impacting their daily lives, study success and mental health.
While people in WA might be spending less, there remains segments of the population that are vulnerable to intense cost of living pressures. shutterstock

Sydney the most expensive capital in Australia, Perth comes in fifth: new report

Households in NSW spend the most and WA households the least in Australia, but there are segments of WA who are feeling the bite more acutely in cost of living.

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