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2010: Making ends meet: Financial stress is not just about money

1 October 2010 The Wesley Report

More than a third of households in New South Wales are affected by financial stress and one in six people are very worried about their financial future. When a sudden illness, job loss or relationship breakdown tips an individual or family into debt, other problems can rapidly follow: homelessness, physical and mental health issues and dangerous coping behaviours. The social and economic cost to individuals and the community can be enormous. This report shows that there is an urgent need to tackle the issue of financial stress in the community, to highlight the extent of the problem and to seek tangible, lasting solutions.