Do you feel that, overall, you’re “better off” than you were in the past? Or that things are getting worse, or have plateaued?
We now have the data to get us a pretty good answer to that question, right down to the detail by “family types”, as categorised by the Household, Income and Labour Dynamics in Australia (HILDA) Survey. Starting in 2001, this longitudinal survey now tracks more than 17,500 people in 9,500 households.
The interactive below lets you drag and drop your family members into the house to see what the HILDA data reveal.
- ^ Household, Income and Labour Dynamics in Australia (HILDA) Survey (melbourneinstitute.unimelb.edu.au)
- ^ Politicians, stop pitching to the 'average' Australian; being middle class depends on where you live (theconversation.com)
- ^ equivalised income (www.abs.gov.au)
- ^ notes (melbourneinstitute.unimelb.edu.au)
- ^ Trust Me, I'm An Expert: what the huge HILDA survey reveals about your economic well-being, health and family life (theconversation.com)
- ^ HILDA Survey reveals striking gender and age divide in financial literacy. Test yourself with this quiz (theconversation.com)
Authors: Sunanda Creagh, Head of Digital Storytelling