When it comes to divorce everyone has something to lose. A new study showcases that
Women’s household incomes suffer more than men’s after divorce, but it takes men longer to recover emotionally, a study has found.
The joint research, led by the Australian Institute of Family Studies, also highlights the significant impact divorce has on the financial assets of divorcees, which leads to many requiring greater government support in later life.
The report – based on data from the Household, Income and Labour Dynamics in Australia survey – also showed that divorced men and women have fewer household assets than their married and never-married counterparts.