(Australian Associated Press)
WHAT THE LATEST SNAPSHOT OF AUSTRALIAN HOUSEHOLDS REVEALS
* Most common household is a couple with dependent children
* No real change in traditional gender roles despite attitudes becoming more progressive
* More people are renting – those aged 25 to 34 are most likely to rent and those over 55 the least likely
* Average household spending on energy has fallen since 2014, suggesting people are adapting to rising electricity and gas prices
* Use of paid child care is increasing, as are hourly rates and time spent in care, plus the share of income spent on child care
* People born in the 1960s and 1980s have the highest median income
* Australians, especially women, are becoming more educated
* A clear gender divide in financial literacy, with men ahead of women
* Underemployment is a rising feature of the labour market, but for most workers it is short-lived
* Men are more likely than women to hold a driver’s licence
ABOUT THE STUDY
The Household, Income and Labour Dynamics in Australia Survey has tracked the same group of Australians – 17,500 people in 9500 households – since 2001.
It is conducted by the University of Melbourne’s Melbourne Institute of Applied Economic and Social Research.