Young women increasingly anxious about their finances

by 

Source: The Age website

Young women have much higher levels of anxiety than the rest of the Australian population and financial problems are a key cause of their stress.

An annual survey of wellbeing by the National Australia Bank shows the level of anxiety reported by women under the age of 30 is at the highest level since the poll began in early 2013. Young women said general finances, a lack of time, and events such as abuse were the biggest detractors from their wellbeing. The analysis showed women aged 18 to 29 were much more likely than the rest of the population to rate “finances and money” as a drag on their welfare. The overall level of wellbeing reported by women under the age of 30 has fallen to the lowest mark since NAB started an Australian wellbeing index three years ago.

Read the rest of this article
HERE.

Learn More.

Is now a good time to invest in property?

With booming property prices mixed with concerns about interest rates, many people may be asking themselves “is now a good time to…

CoreLogic’s national home value index for October

Australian home values continue to rise, with Brisbane leading the charge in October CoreLogic’s national home value index, released on Monday morning…

APRA announces changes to lending laws

Today APRA announced changes to loan serviceability expectations which raise the interest rate buffer from 2.5% to 3.0%. OpenCorp CEO, Matthew Lewison…