- Western Australians are the biggest travellers in the country
- Lifestyle dreams including owning a boat and getting into shape rated high
- Regional dreams drastically vary: Northern WA wants to get their debt under control, whereas those in South East WA want to retire early
Western Australia (WA) residents have more lifestyle goals than the rest of the country, according to the Yellow Brick Road Wealth Management Hopes and Dreams Survey.
Yellow Brick Road (ASX:YBR) analysed the hopes and dreams of over 6,500 Australians in a survey which sought to understand the financial aspirations of the nation. The data revealed some surprising differences across the state.
Compared to the other states and territories, WA residents were more focused on lifestyle goals.
More people in this state choose travel, owning a boat, getting into shape and getting a more exciting job as their biggest hopes and dreams.
Across the state there are some interesting differences. Northern WA residents are nearly three times as concerned about getting their debt under control as the state or national average. Whereas South East WA was much more focused on retirement goals – with three times more people selecting retiring early and retiring comfortably as one of their top hopes and dreams. In the city, Perth had more residents wanting to get married and have a family than the state average.
Mark Bouris, executive chairman of Yellow Brick Road said these differences represent a diverse state and the findings showed how economic conditions, the housing market and even climate can affect people’s aspirations.