Table 5.
Financial wellbeing: any COVID-19 shocks inter-percentile range
| (1) | (2) | (3) | (4) | (5) | (6) | |
|---|---|---|---|---|---|---|
| I(90-10) | I(50-10) | I(90-50) | I(75-25) | I(50-25) | I(75-50) | |
| Any shock | 13.520** | 2.612 | 10.907** | 4.172 | 3.644 | 0.528 |
| (5.084) | (4.647) | (3.567) | (3.837) | (3.649) | (3.038) | |
| Household size | − 1.427 | − 0.858 | − 0.570 | − 1.657 | − 1.009 | − 0.649 |
| (1.710) | (1.576) | (1.205) | (1.323) | (1.192) | (1.036) | |
| Male | − 3.897 | − 3.687 | − 0.210 | − 2.511 | − 1.884 | − 0.627 |
| (4.555) | (4.134) | (4.015) | (4.569) | (4.035) | (3.301) | |
| Age group: | ||||||
| 18–24 | -- | -- | -- | -- | -- | -- |
| 25–34 | − 9.057 | − 9.869 | 0.812 | − 2.887 | − 2.236 | − 0.651 |
| (8.319) | (6.987) | (7.078) | (6.527) | (6.157) | (5.990) | |
| 35–44 | 0.763 | − 6.806 | 7.569 | 11.773 | 2.564 | 9.209 |
| (8.439) | (7.285) | (6.885) | (7.571) | (6.928) | (5.408) | |
| 45–54 | 1.463 | − 2.544 | 4.007 | 10.102 | 1.503 | 8.599 |
| (8.817) | (7.443) | (6.527) | (6.187) | (5.633) | (5.161) | |
| 55–64 | − 0.863 | − 8.799 | 7.935 | 2.824 | − 4.224 | 7.048 |
| (9.157) | (7.250) | (7.793) | (6.769) | (6.156) | (5.945) | |
| Occupation/activity: | ||||||
| Unemployed | -- | -- | -- | -- | -- | -- |
| Managers | − 3.570 | − 9.996 | 6.426 | − 5.045 | − 6.835 | 1.790 |
| (10.137) | (8.192) | (7.329) | (7.826) | (6.161) | (5.284) | |
| Professionals | − 8.134 | − 5.613 | − 2.521 | − 4.426 | − 8.308 | 3.882 |
| (8.432) | (7.896) | (5.078) | (6.684) | (5.543) | (4.434) | |
| Trades workers | 10.797 | 0.078 | 10.719 | − 2.163 | − 2.948 | 0.785 |
| (11.399) | (9.810) | (8.343) | (8.456) | (7.021) | (6.771) | |
| Personal service | 3.707 | − 1.981 | 5.688 | − 3.785 | − 7.607 | 3.822 |
| (11.518) | (9.357) | (7.472) | (8.149) | (6.702) | (5.291) | |
| Clerical | − 18.798* | − 7.624 | − 11.174 | − 10.926 | − 6.565 | − 4.361 |
| (8.363) | (8.776) | (6.361) | (8.324) | (6.379) | (6.212) | |
| Sales | 5.224 | 0.487 | 4.737 | − 2.942 | − 1.581 | − 1.361 |
| (12.897) | (10.803) | (7.617) | (8.935) | (7.408) | (5.709) | |
| Machinery ops | − 18.839* | − 7.765 | − 11.073 | − 27.052** | − 19.928* | − 7.124 |
| (9.490) | (11.794) | (8.471) | (9.597) | (9.339) | (7.495) | |
| Labourers | − 34.363*** | − 34.313*** | − 0.050 | −26.552* | − 25.998* | − 0.554 |
| (8.799) | (9.925) | (6.378) | (11.504) | (12.233) | (6.529) | |
| Not stated | − 8.941 | − 7.578 | − 1.363 | − 7.836 | − 11.969 | 4.133 |
| (9.600) | (9.795) | (6.257) | (8.514) | (7.665) | (4.457) | |
| State: | ||||||
| Australian Capital Territory | 10.250 | 6.528 | 3.722 | 7.067 | 4.646 | 2.422 |
| (18.216) | (8.647) | (16.968) | (14.514) | (5.952) | (14.222) | |
| New South Wales | − 5.841 | − 10.771 | 4.930 | − 6.627 | − 10.878 | 4.252 |
| (10.187) | (8.917) | (10.628) | (9.360) | (7.371) | (9.816) | |
| Northern Territory | 28.934 | − 11.399 | 40.333 | 28.287* | 0.459 | 27.828** |
| (35.057) | (19.482) | (22.500) | (14.357) | (10.489) | (9.117) | |
| Queensland | 15.070 | − 1.202 | 16.271 | 18.425 | 12.672 | 5.753 |
| (11.221) | (8.937) | (10.489) | (11.009) | (7.492) | (9.102) | |
| South Australia | 11.189 | − 1.020 | 12.209 | 22.402 | 13.557 | 8.845 |
| (19.240) | (12.993) | (16.240) | (14.580) | (9.414) | (10.609) | |
| Tasmania | 32.801 | 19.122 | 13.679 | 37.938* | 20.178 | 17.761* |
| (37.684) | (31.589) | (13.130) | (17.926) | (14.718) | (8.142) | |
| Victoria | -- | -- | -- | -- | -- | -- |
| Western Australia | − 15.393 | − 18.426* | 3.033 | 3.738 | − 7.411 | 11.149 |
| (10.306) | (9.133) | (9.908) | (11.111) | (8.523) | (8.208) | |
| Week of year | − 1.841 | − 1.732 | − 0.109 | − 0.338 | − 0.962 | 0.624 |
| (0.978) | (0.906) | (0.841) | (0.914) | (0.741) | (0.885) | |
| State x time trend interactions: | ||||||
| Australian Capital Territory # Week | 2.071 | 2.282 | −0.211 | 1.753 | 2.238 | −0.486 |
| (2.904) | (2.021) | (2.408) | (2.106) | (1.165) | (1.870) | |
| New South Wales # Week | 1.655 | 1.508 | 0.147 | 1.266 | 1.108 | 0.158 |
| (1.599) | (1.460) | (1.532) | (1.446) | (1.207) | (1.417) | |
| Northern Territory # Week | − 3.859 | 1.876 | − 5.735 | − 3.740 | 0.777 | − 4.517* |
| (6.224) | (4.333) | (3.403) | (3.203) | (2.633) | (1.921) | |
| Queensland # Week | − 1.246 | 0.624 | − 1.870 | − 0.263 | − 0.435 | 0.172 |
| (1.544) | (1.352) | (1.649) | (1.843) | (1.201) | (1.500) | |
| South Australia # Week | 0.826 | 1.793 | − 0.967 | − 2.319 | − 1.465 | − 0.854 |
| (3.014) | (2.195) | (2.626) | (2.360) | (1.677) | (1.853) | |
| Tasmania # Week | − 0.772 | 0.704 | − 1.476 | − 3.393 | − 0.669 | − 2.724 |
| (5.233) | (4.541) | (1.893) | (2.616) | (2.256) | (1.665) | |
| Victoria # Week | -- | -- | -- | -- | -- | -- |
| Western Australia # Week | 3.324 | 2.744 | 0.580 | 0.294 | 1.672 | −1.377 |
| (1.950) | (1.654) | (1.628) | (1.803) | (1.425) | (1.333) | |
| Constant | 82.697*** | 62.839*** | 19.857* | 38.337*** | 34.716*** | 3.620 |
| (12.589) | (11.602) | (9.679) | (11.278) | (9.535) | (9.828) | |
| Adj. R2 | .087 | .054 | .070 | .099 | .080 | .055 |
Note: N = 2078. *p < 0.05, **p < 0.01, ***p < 0.001
Statistics are population weighted using data from the 2016 Australian Census, based on age, gender, occupation, and state