Table 2 Descriptive statistics

OECD-equivalent disposable income (2016 prices)

50,719

47,712

53,892

42,266

0.00

Overall life satisfaction (0-10)

7.92

1.48

8.05

7.56

0.00

Satisfaction with financial situation (0-10)

6.46

2.25

6.60

6.09

0.00

Can mobilise $2000-$3000 from saving (Yes=1)

0.70

0.46

0.71

0.68

0.00

Age (Years)

44

19

41

55

0.00

Gender of respondent (Female=1)

0.53

0.50

0.52

0.54

0.00

Aboriginal and Torres Strait Islanders

0.02

0.15

0.02

0.03

0.00

Housing=Owns/mortgage

0.70

0.46

0.70

0.68

0.00

Housing=Private renting

0.23

0.42

0.25

0.20

0.00

Housing=Social renting

0.05

0.21

0.03

0.09

0.00

Housing=Live there free

0.03

0.16

0.02

0.03

0.00

Employment=Employed

0.48

0.50

0.55

0.29

0.00

Employment=Unemployed

0.03

0.17

0.028

0.031

0.01

Employment=Not in labour force

0.13

0.34

0.09

0.23

0.00

Employment=FT student

0.10

0.30

0.11

0.04

0.00

Employment=Retired

0.16

0.37

0.10

0.35

0.00

Employment=Self-employed

0.10

0.30

0.11

0.07

0.00

Marriage=Married/cohabitating

0.63

0.48

0.64

0.59

0.00

Marriage=Divorced/separated

0.14

0.35

0.11

0.24

0.00

Marriage=Never married

0.23

0.42

0.26

0.17

0.00

Region=Major city

0.62

0.49

0.63

0.58

0.00

Region=Inner regional

0.36

0.48

0.35

0.41

0.00

Region=Outer/Remote

0.02

0.14

0.02

0.02

0.00

Education=Postgraduate

0.09

0.29

0.10

0.07

0.00

Education=University

0.13

0.34

0.14

0.09

0.00

Education=Diploma or certificate

0.29

0.45

0.29

0.29

0.04

Education=Year 12

0.15

0.36

0.16

0.11

0.00

Education=Below Year 12

0.34

0.47

0.31

0.44

0.00

Household size

2.94

1.48

3.08

2.51

0.00

SEIFA=1st quintile

0.20

0.40

0.18

0.27

0.00

SEIFA=2nd quintile

0.20

0.40

0.20

0.21

0.00

SEIFA=3rd quintile

0.19

0.39

0.20

0.18

0.00

SEIFA=4th quintile

0.20

0.40

0.21

0.18

0.00

SEIFA=5th quintile

0.20

0.40

0.22

0.15

0.00