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Money

Financial pressures affects most Australian families

  • Written by News Feature Team


Relationships constantly evolve as changes around lifestyle, employment and family life occur. For some, stress leads to breakups.

Adults face all sorts of challenges but most people who are in permanent relationships find a way to cope and get on happily with their lives. For others, factors both outside their control and within their ability to change, create friction that can lead to marriage breakdown.

Housing has always been a high priority issue and with prices in capital cities and most regional areas at their highest ever, some people cannot escape renting. It is probably impossible to save a deposit for a house and land package or an apartment if just one income supports a family. With housing in short supply due to record immigration levels bringing new comers to all capital cities, even rentals are expensive. 

For those people who do not have a home of their own, the pressures on the relationship can be immense. Quite often, people break up even when they still have high regard for each other.

Similarly, the cost of motoring in terms of buying, insuring, registering and maintaining a car can place a large strain on a family budget.

Then there are other unavoidable outgoings that have to be met. These include energy in terms of gas and electricity. For Australians with children, education expenses can be another factor that introduces stress or disharmony into relationships. One partner might blame the other or may indeed lose self esteem themselves for not having enough money each month for cost of living expenses.

Marriage or relationship counsellors refer people to mediation when the strain builds to the point that a relationship is ready to or actually broken down. For Australians who seek medical attention for symptoms of stress, their medical practitioner may refer them to a therapist.

If financial issues are the primary cause of a breakdown, it is a wise idea to seek out an accountant who specialises in financial advice for families. Their expert knowledge can lead to suggestions to save or increase income to better match outgoings with income with a view to buttressing the personal relationship.

If couples try everything that is on offer, they could look to getting advice on how to separate with the best outcome in a financial and emotional sense. Sydney has the highest capital city population of all the States and Territories in Australia and it is the location where the most people go online to search information on divorce NSW

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