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Wesley Mission Research: Making ends meet

Making ends meet

Making ends meet

Our research

Wesley Mission’s latest report, Making ends meet: Financial stress is not just about money, contains input from multiple sources including a literature review, a focus group with Wesley Mission financial counsellors and case study interviews with people who have sought financial counselling from Wesley Mission. The actual results are from a quantitative survey which was conducted in April, 2010 and consisted of 313 telephone interviews and 308 online interviews.

Key findings

Report CoverHere are some of the main findings:

  • Financial stress in NSW is becoming more acute
  • More than half the people in NSW are worried about their future financial situation
  • Electricity cost increases are hurting
  • Financial stress is leading to other health and social problems           
  • Households money management skills not well developed
  • People leave it too late to seek help

  • Download the executive summary of the report (90 KB | PDF)
  • Download the full report (4 MB | PDF)

    For 850,000 homes in NSW, this Christmas wasn't a happy one.
    That’s the staggering number of households struggling to make ends meet, according to recent Wesley Mission research.

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Implications for policy

The Wesley Report calls for a number of actions and new initiatives to tackle the issue of financial stress. These cover areas such as:

  • the need for more public education on financial money management
  • providing training in financial literacy for people working in the social services sector
  • urgent action on many fronts to make housing more affordable
  • an expansion of financial counselling services
  • further measures by the financial services sector to increase information and protection for consumers using credit cards.
  • Download implications for policy (630 KB | PDF)
  • See previous Wesley Reports 

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