Factors Contributing to Energy-related Financial Stress in Australia

Rohan Best, Paul Burke

    Research output: Contribution to journalArticle

    Abstract

    This paper quantifies factors affecting energy-related financial stress in Australia, a key economic challenge facing a minority of households. We find that low net wealth is a particularly important factor affecting difficulty in paying energy bills. Having insulation reduces reported difficulties in being able to heat and cool homes. The odds of not paying energy bills on time are doubled by households not having solar panels. Other important factors contributing to energy-related financial stress include being a renter, being a mortgage holder, having a large number of occupants in a household, and having a resident who requires energy-consuming medical equipment.
    Original languageEnglish
    Pages (from-to)462-479
    JournalEconomic Record
    Volume95
    Issue number311
    Publication statusPublished - 2019

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