Factors contributing to energy-related financial stress in Australia

Rohan Best; Paul J. Burke

doi:10.1111/1475-4932.12504

Factors contributing to energy-related financial stress in Australia

Rohan Best, Paul J. Burke

Department of Economics

Research output: Contribution to journal › Article › peer-review

28 Citations (Scopus)

48 Downloads (Pure)

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 language	English
Pages (from-to)	462-479
Number of pages	18
Journal	Economic Record
Volume	95
Issue number	311
Early online date	14 Oct 2019
DOIs	https://doi.org/10.1111/1475-4932.12504
Publication status	Published - Dec 2019

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Version archived for private and non-commercial use with the permission of the author/s and according to publisher conditions. For further rights please contact the publisher.

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10.1111/1475-4932.12504Licence: CC BY

Publisher version (open access)Final published version, 229 KBLicence: CC BY

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Factors contributing to energy-related financial stress in Australia

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