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Single parents are poorer but older Australians have seen wealth grow – The Guardian

Hilda survey shows who was most vulnerable before Covid and who will be most affected by recession

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Household wealth among older Australian couples boomed above $1m before the pandemic, but median incomes remained below GFC levels and poverty among single-parent families continued its steady rise, a study has found.
The Household, Income and Labour Dynamics in Australia Survey, or Hilda, tracks 17,500 people about various aspects of their lives, from employment and income, to wellbeing and lifestyle.
The latest report, released on Friday, tracked participants from 2001 to 2018, and provided a…

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