The poverty level in Australia is $ 433 a week, but few people on social security benefits get that, and the millions doing casual work, and exploited foreign labour would also fall below it. Even so, people who live about the poverty line are falling increasingly into debt, with Australia’s personal debt being the highest in the world, the ratio of household debt to income more than doubling between 1995 and 2015, going from 104% to 212%, according to the 2015 OECD data. Thus, if the average person earns $80,000 net, they are spending $169,600 per year. That is not usually luxury spending but just getting by, with the myriad of expenses that having a family brings, especially having children.
