Financial Hardship

The Centre for Better Relationships published a report that explored the demographics and nature of debt for over 1,900+ users of our Financial Counselling and Capabilities (FCC) service in FY18. The report concluded that complex financial systems make financial counselling services an essential part of supporting people in financial hardship.  

Findings

  • An alarming number of Australian households live below the poverty line  
  • Twice as many women used the FCC services compared to men  
  • Mental health was the most common reason for delay in seeking support  
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