More Australians are struggling financially than they were at the start of the financial crisis, with the number of Australians who are struggling with net worth falling by 3% in the last 12 months.

The latest Morgan Stanley wealth management survey, released on Thursday, found that Australians were less happy about the state of their finances than they had been at the time of the global financial crisis in 2008.

The survey, commissioned by the Australian Investment Bank (AIB), found that 21% of Australians said they were financially insecure, compared to 28% at the end of 2008.

While the recession has been blamed for many of the problems Australians are facing, the AIB said the recent recession and the global economic downturn had made Australians more financially secure, which meant they were less stressed and more likely to spend.

The average household wealth for the year to March was $78,500, up from $75,000 at the same point in the year last year, according to the survey.

The wealth of those aged 65 and over had fallen by 6% in 12 months, from $92,500 to $88,500.

But the gap between those who were financially secure and those who weren’t has widened, from 16% of the population aged 65 years and over to 21% in just 12 months of the recession.

The AIB’s CEO of asset management and wealth management Matthew Clark said it was the third year in a row that Australia’s financial position was weaker than it had been in the previous recession.

“It’s not the first time, we’ve had a little bit of an upturn in the past couple of years, and now we’re seeing a little more of that,” Mr Clark said.

“But it’s certainly not the last time that we will see that.”

And it’s not just Australia, it’s the world as a whole, as well.

“Australia’s not a very happy place to be financially.”

People have lost their homes and lost their savings.

People are in financial stress and have been very stressed.

“The survey also found that Australia was experiencing a “slow recovery” after years of decline, with Australians experiencing the worst economic downturn since the Great Depression.

The median net worth of Australians was down 4% in 2016, from more than $78 million in March to $73 million at the close of 2017.