Compare the Market engaged Deloitte Access Economics to help investigate what drives a person’s financial behaviour and choices – there has never been a more relevant time to understand this than in today’s tough economic climate. The Financial Consciousness Index measures the extent to which a person is conscious or aware of their ability to affect and change their own financial outcomes, encompassing their willingness to act, and the extent to which they are able to participate in financial matters. This year’s report includes some surprising findings, particularly around how Australians are changing their financial behaviours in order to cope with the COVID-19 pandemic.
(PDF format 3.5MB)
Compare the Market engaged Deloitte Access Economics to help investigate what drives a person’s financial behaviour and choices. The Financial Consciousness Index measures the extent to which a person is conscious or aware of their ability to affect and change their own financial outcomes, encompassing their willingness to act, and the extent to which they are able to participate in financial matters. This year’s report shows signs of change, and looks at the relationship between social and economic factors happening in Australia.
(PDF format 3.5MB)
Produced in 2018, this is the first report where Compare the Market engaged Deloitte Access Economics to investigate and test what drives a person’s financial behaviour and choices. Australians across different demographics such as age, gender, income and employment status, and location were surveyed on their ability to influence their financial outcomes, as well as their willingness and sophistication to make a change to improve their financial wellbeing.
(PDF format 3.5MB)
Deloitte Access Economics is Australia’s pre-eminent economics advisory practice and a member of Deloitte’s global economics group. The team at Deloitte Access Economics is united by a passion for economics and a belief that it can create a better future for all. Every day we apply rigorous economic analysis to tackle the big issues, making Deloitte Access Economics one of the most referenced sources of economic authority for media, government and business in Australia.
Deloitte Access Economics’ rigorous qualitative and quantitative analysis is supported by proprietary and specialist models refined over many years. Our highly qualified economists and practitioners have a strong reputation for objectivity and integrity.
