Interesting insights from the latest 2011 CommonWealth Bank Viewpoint Economic Vitality Report: - A direct correlation between the downward trend in retail spending and a gender gap between economic confidence. - The report found that only 21% of women perceived the economy as “strong”, compared with 38% of men. - In turn, women account for a greater proportion of retail spending and men for a greater proportion of non-retail spending. - According to the report, retail spending remains below trend while non-retail spending is on par with trend. - Men enjoy 40 years of peak income between ages of 25-65 while women enjoy just 20 years of peak income between ages of 35-54. - Among people with a partner, 75% of women rely on their partner at least partially for financial support, compared with 43% of men. - One in four Australian families with paid childcare work for no net financial gain. - Australian women bear most of the responsibility for household money management. - Greatest fears: the report show great differences between what women are concern and what men are concern about. Females are mainly concern on job loss, meeting mortgage/rent payments, giving up luxuries while men are more concern with not being able to save for retirement and investment losses. - GFC has impacted upon men and women differently. GFC made women be more careful with expending habits while men found it an opportunity to find bargains. - High wages geo-areas spotted by the report: For women: Canberra, Northern Sydney. For men: Fortescue, Lyell (mining areas). - Labor force under-utilization (un-employment plus under employment) is significantly higher for women than men. About the report: Research data based on surveys of 2000 australians.The research was overlad with electronic income and expenditure data as Common Wealth Bank processes almost 45% of Australian electronic transactions. NEXT CALL US ON +61431324899 Check Mauricio Escobar (eDigital Director) experience and recommendations on his LinkedIn profile. Connect with eDigital on Facebook Find out eDigital Sydney SEO services from Sydney SEO consultants and Sydney SEO experts. We offer SEO audits and content optimisation advice. Check out eDigital Social Media Strategy and Social Media Management services.

Interesting insights from the latest 2011 CommonWealth Bank Viewpoint Economic Vitality Report:

- A direct correlation between the downward trend in retail spending and a gender gap between economic confidence.

- The report found that only 21% of women perceived the economy as “strong”, compared with 38% of men.

- In turn, women account for a greater proportion of retail spending and men for a greater proportion of non-retail spending.

- According to the report, retail spending remains below trend while non-retail spending is on par with trend.

- Men enjoy 40 years of peak income between ages of 25-65 while women enjoy just 20 years of peak income between ages of 35-54.

- Among people with a partner, 75% of women rely on their partner at least partially for financial support, compared with 43% of men.

- One in four Australian families with paid childcare work for no net financial gain.

- Australian women bear most of the responsibility for household money management.

- Greatest fears: the report show great differences between what women are concern and what men are concern about. Females are mainly concern on job loss, meeting mortgage/rent payments, giving up luxuries while men are more concern with not being able to save for retirement and investment losses.

- GFC has impacted upon men and women differently. GFC made women be more careful with expending habits while men found it an opportunity to find bargains.

- High wages geo-areas spotted by the report:

For women: Canberra, Northern Sydney.

For men: Fortescue, Lyell (mining areas).

- Labor force under-utilization (un-employment plus under employment) is significantly higher for women than men.

About the report: Research data based on surveys of 2000 australians.The research was overlad with electronic income and expenditure data as Common Wealth Bank processes almost 45% of Australian electronic transactions.

NEXT

Posted 2 years ago
10 notes
Tagged: commonwealth, bank, view, point, economic, vitality, report, 2011, men, women, differences, australia, .
Source: commbank.com.au