ANZ Roy Morgan Financial Wellbeing Indicator June 2021
Financial wellbeing is an important measure when considering how the COVID-19 pandemic continues to impact lives and livelihoods in Australia. Since prior to the start of the pandemic, the ANZ Roy Morgan Financial Wellbeing Indicator (FWBI) has been reported as a 12-month rolling average, with quarterly updates showing the movement in aspects of financial wellbeing across locations and for a range of segments in the community.
A year on from the initial shock of the pandemic, this update now draws on a full 12 months of financial wellbeing data (to March 2021). For the first time, the Indicator enables a cumulative view of how Australians are faring a whole year on since COVID-19 first took effect in this country. This milestone update illustrates just how things have changed for Australians over the last 12 months and the many continuing effects, particularly for more vulnerable groups in the community.
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Roy Morgan - Enquiries
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Margin of Error
The margin of error to be allowed for in any estimate depends mainly on the number of interviews on which it is based. Margin of error gives indications of the likely range within which estimates would be 95% likely to fall, expressed as the number of percentage points above or below the actual estimate. Allowance for design effects (such as stratification and weighting) should be made as appropriate.
| Sample Size | Percentage Estimate |
| 40% – 60% | 25% or 75% | 10% or 90% | 5% or 95% | |
| 1,000 | ±3.0 | ±2.7 | ±1.9 | ±1.3 |
| 5,000 | ±1.4 | ±1.2 | ±0.8 | ±0.6 |
| 7,500 | ±1.1 | ±1.0 | ±0.7 | ±0.5 |
| 10,000 | ±1.0 | ±0.9 | ±0.6 | ±0.4 |
| 20,000 | ±0.7 | ±0.6 | ±0.4 | ±0.3 |
| 50,000 | ±0.4 | ±0.4 | ±0.3 | ±0.2 |
