ANZ Roy Morgan Financial Wellbeing Indicator March 2021
Trends in financial wellbeing have provided key insights into how the pandemic has impacted peoples lives and livelihoods in Australia.
The ANZ Roy Morgan Financial Wellbeing Indicator has been reported as a 12-month rolling average every quarter prior to the start of the pandemic. However, as the 12-month rolling average to December 2020 incorporates 3 months of data pre-COVID-19, it takes into account the financial wellbeing gains made throughout early 2020. To best understand the changes in financial wellbeing arising from the pandemic, this update focuses on comparing the pre COVID-19 12 months to March 2020 with the combined spot monthly results for April 2020 through to December 2020 to provide a post COVID-19 view. Individual spot monthly results are also reported to highlight any early signs of change.
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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 |
