Taking the Pulse of the Nation (TTPN) surveys the Australian population to capture their sentiments and behaviours related to current economic and social issues
Since 2020, the Taking the Pulse of the Nation (TTPN) survey has collected compelling information on the changing behaviours and attitudes of Australians. Together, Melbourne Institute and Roy Morgan understand the value in capturing the voices of Australians on the issues that matter right now. We use this information to create expert analyses to directly inform social and economic policies for our Nation.
Tax rebates boosted consumption for Australians
This year, Australians earning up to $126,000 received a boost in their tax refund amount. From our TTPN survey we can see what portion of Australians' tax refunds were spent on consumption, savings or investment. We also found that the propensity to consume (or spend) the tax refund, decreased sharply with income.
Long COVID linked to mental distress, unemployment and is affecting more women than men
About 15% of Australians (1.2 million people) have reported long covid symptoms. This report examines the association between long COVID and mental distress and employment. Professor Anthony Scott, author of the report, found that women are more likely to report having long COVID than men, have more severe symptoms including anxiety and depression, and are less likely to be employed.
High rates of food insecurity, but few Australians getting help
Food insecurity can serve as a precursor to both poverty and chronic disease. The latest TTPN Survey finds that the rates of reported food insecurity in Australia are much higher than previous estimates, particularly for those aged 18 to 44, for women, those reporting high levels of financial stress, and singles both with and without children. The survey results reveal that just as financial stress remains an issue for many, we should acknowledge that food security is an issue in Australia that requires more attention.
Australians using various strategies to deal with higher cost of living
Australians have experienced substantial increases in their cost of living over the past few months. Given relatively low growth of income and wages, for most people, making ends meet can require changes to behaviour and finding ways to mitigate the impact of higher prices on their personal finances. The survey results reveal that many Australians are drawing on their savings, as well as skimping on food and energy usage, with single-parent households struggling the most.
Despite lower unemployment rates and decreased restrictions from the pandemic in 2022, stress remains high in Australia
The devastation of the pandemic has already had a marked effect on people’s mental health. Now, combined with financial pressures due to inflation and interest rates, it seems more Australians are suffering both mental and financial stress, despite unemployment levels and pandemic restrictions easing.
© The University of Melbourne & Roy Morgan- Melbourne Institute: Applied Economic & Social Research, 2022. This work is copyright. The material may be reproduced and distributed for non-commercial purposes only, subject to the inclusion of an acknowledgement of the source(s).