Notes on the data: Housing/ Transport

Low income households under financial stress from mortgage/rent, 2016

 

Policy notes:  

The two previous indicators (Low income households with mortgage stress and Low income households with rental stress) are calculated as a proportion of all households with a mortgage/ renting, respectively.

This indicator shows proportion of all low income households who are under financial stress as a result of mortgage or rental payments.

For further details and references, refer to the notes for the previous indicators (Low income households with mortgage stress and Low income households with rental stress).

 

Notes:  

The data comprise households in the bottom 40% of the income distribution (those with less than 80% of median equivalised income), spending more than 30% of their income on rent mortgage repayments or rent, as a proportion of low income households (those with less than 80% of median equivalised income).

Income is equivalised; equivalised household income per week can be viewed as an indicator of the economic resources available to a standardised household. For a lone person household it is equal to household income. For a household comprising more than one person, it is an indicator of the household income that would be needed by a lone person household to enjoy the same level of economic wellbeing.

Income varies by State/ Territory: NSW, $721; Vic, $705; Qld, $704; SA, $631; WA, $785; Tas, $4589; NT, $1,004; ACT, $1,03.

The data exclude the population in the 10.3% of private dwellings for which mortgage stress data were not recorded; and the 8.9% of private dwellings for which rental stress data were not recorded. (The proportions excluded were calculated based on the Australian data.)

Although the numerator is the sum of the numerators for mortgage stress and rental stress, the denominator is low income households, not the sum of denominators for mortgage stress and rental stress.

Note:

 

Geography:  Population Health Areas, Local Government Area, Primary Health Network

Numerator:  

  1. Households in the bottom 40% of income distribution (those with less than 80% of median equivalised income), spending more than 30% of income on mortgage repayments; and
  2. Households in the bottom 40% of income distribution (those with less than 80% of median equivalised income), spending more than 30% of income on rent
 

Denominator:  Households in the bottom 40% of income (those with less than 80% of median equivalised income)

 

Detail of analysis:  Percent

 

Source:  Compiled by PHIDU based on the ABS Census of Population and Housing, August 2016 (unpublished data).

 

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