{"id":156788,"date":"2025-09-20T14:52:14","date_gmt":"2025-09-20T14:52:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/156788\/"},"modified":"2025-09-20T14:52:14","modified_gmt":"2025-09-20T14:52:14","slug":"aussies-are-paying-the-highest-income-tax-in-decades-have-record-body-pain-and-have-fewer-friends-hilda","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/156788\/","title":{"rendered":"Aussies are paying the highest income tax in decades, have record body pain, and have fewer friends: HILDA"},"content":{"rendered":"<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">Thousands of <a class=\"css-1lg16vp-StyledTextLink ezegcyi0\" data-link-type=\"article-inline\" target=\"_blank\" href=\"https:\/\/7news.com.au\/lifestyle\/personal-finance\" rel=\"nofollow noopener\">families<\/a> have been tracked for the last 23 years to create rich data on life in Australia \u2014 and the latest findings are not great.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">Tax rates are the highest they\u2019ve been in decades, people are retiring later, our bodies are in more pain, fertility rates have dropped, and we have less friends.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">That grim snapshot of Australian life comes from participants of the Household, Income and Labour Dynamics in Australia (HILDA) Survey.<\/p>\n<p class=\"css-178igh4-StyledParagraph e1s06mna1\">Know the news with the 7NEWS app: <a class=\"css-cvgehw-StyledContextualLink e1s06mna0\" href=\"https:\/\/7news.com.au\/app?utm_source=7NEWS&amp;utm_medium=contextual-link-app&amp;utm_campaign=7news-app\" target=\"_blank\" rel=\"nofollow noopener\">Download today <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/7news.com.au\/static\/media\/right-red-arrow.92bca5db.svg\" alt=\"Download today\" height=\"14\" width=\"20\"\/><\/a><\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">The 17,000 survey participants voluntarily signed up to the lifelong task in 2001, to give important data on how an intersection of factors impact life for Australians.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">This year, the 20th report on the surveyed households shows they are paying more tax on average than they have since the HILDA Survey was launched in 2001.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">There were no policy changes to tax brackets between the latest survey and the one before, so the survey findings suggest \u201cbracket creep\u201d caused by nominal wage growth.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">\u201cNormally, wage growth is good for workers\u2019 living standards, but prices were also rising rapidly, so bracket creep contributed to a decline in workers\u2019 living standards in this period,\u201d report co-author Melbourne University Professor Roger Wilkins said.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">Physical pain is also a record high for the cohort.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">One of the key findings from the latest survey also shows how physical pain is disproportionately affecting people from low-income households.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">Bodily pain rose by about 5.1 per cent for men and 11.6 per cent for women, since the survey first began in 2001.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">While the ageing of the participants can account for some of this change, data adjusted for age still showed that pain increased by 4.8 per cent for men, and 5.6 per cent for women.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">\u201cPeople from lower income households or without a Bachelor\u2019s degree are more likely to report experiencing bodily pain. The less money you make, the more pain you\u2019re likely putting up with,\u201d co-author and Melbourne University senior research fellow Dr Ferdi Botha said.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">Not only did the report show that pain affected the work of the survey participants, but also that they were remaining in the workforce for longer.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">Workers retiring between the age of 60 and 64 dropped hugely in the last decade, from 70 per cent down to 41 per cent for women, and from 49 per cent down to 27 per cent for men.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">In the next age bracket \u2014 workers aged 65 to 69 \u2014 the numbers also dropped, from 86 per cent down to 66 per cent for women, and from 73 per cent down to 61 per cent for men.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">Another report co-author Dr Kyle Peyton noted the increased age limit pension eligibility could be behind the later retirements, as well as other policy changes.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">\u201cAt the same time, improvements in health at older ages mean that more people are physically able to keep working later in life,\u201d Peyton said.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">Australia is at risk of a further decline in fertility rates, with respondents reporting they want fewer children and smaller families compared to 20 years ago, according to the study.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">In an Australian first, the average number of children desired by men has fallen below two, from 2.22 in 2005 to 1.99 in 2023.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">Women on average desire slightly more children than men, but the decline was just as marked \u2013 from 2.35 down to 2.09.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">This decrease is particularly prominent in younger age groups.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">\u201cAs it was twenty years ago, two children is still the most desired family size, but we\u2019ve seen an increase in the numbers of people who said they wanted one child, or none at all,\u201d said Dr Inga Lass.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">Australians also haven\u2019t dived back in to making friends post COVID-19, with the majority of us having less friends statistically than in the early 2000s.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">On a scale of 1\u20137 measuring a perceived quantity of friends, the 2001 average for the total population was 4.6.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">By 2023, this had dropped to 4.1, a low reached during the pandemic without recovery in the years following.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">\u201cNot only do we feel like we have fewer friends, we\u2019re also socialising less frequently than in 2001,\u201d Lass said.<\/p>\n<p class=\"css-1n6q21n-StyledParagraph e4e0a020\">\u201cThe proportion of people meeting friends or relatives several times a week or more often dropped by more than 12 percentage points, from about 32% to 20%.\u201d<\/p>\n<p><a class=\"css-6fiqrm-StyledLinkWrapper e1y7kr221\" href=\"https:\/\/7news.com.au\/news\/optus-boss-blames-technical-failure-for-triple-o-outage-that-led-to-deaths-of-three-people-in-sa-wa-and-nt-c-20083375\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>Fourth person confirmed dead after Optus Triple-0 outage<\/p>\n<p class=\"css-xp0jgm-StyledTimeToRead e1y7kr223\">2 min read<\/p>\n<p><\/a><a class=\"css-6fiqrm-StyledLinkWrapper e1y7kr221\" href=\"https:\/\/7news.com.au\/news\/commonwealth-bank-confirms-frustrating-outage-due-to-prolonged-maintenance--c-20083963\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>Commonwealth Bank outage sparks distress<\/p>\n<p class=\"css-xp0jgm-StyledTimeToRead e1y7kr223\">2 min read<\/p>\n<p><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Thousands of families have been tracked for the last 23 years to create rich data on life in&hellip;\n","protected":false},"author":2,"featured_media":156789,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164,44],"class_list":["post-156788","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/156788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=156788"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/156788\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/156789"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=156788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=156788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=156788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}