2016 Financial Fitness Report


In 2015 we took on the challenge of benchmarking Australia’s financial fitness. With personal finance issues the leading cause of stress, we wanted to identify what was worrying Australians, how that was impacting them at work – and calculate an index to measure any changes in our national level of financial fitness.

One year on, we asked more than 1,500 Australian workers to take the challenge again.

Disappointingly, we haven’t improved as a nation – flat-lining with an average index score of 113.5 out of a possible 200, compared with 114.2 last year.

The index is composed of the four key pillars of financial health:

  • Control of personal finances
  • Capacity to absorb financial shock
  • Planning for a secure financial future
  • Financial freedom

While this year’s survey responses indicated we are saving a little more for a rainy day, it’s because we are more worried than ever about our financial future – and we’re also increasingly concerned about housing affordability, relying on the pension, and healthcare costs.

Download your copy of the Report here.

2016 Australian Financial Fitness Index

A roadmap before investment journey

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Gen Y housing affordability concerns can be ignored for only so long

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What’s the new story with super?

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Time for a rich list reality check

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Financial advice needs a client-first crusader

Currently, the [financial planning] industry is over-servicing the fortunate 20% while almost completely neglecting the 80%. Wealthy people get wealthier while the average Joe doesn’t have access to the advice and tools needed to advance

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