| The defining characteristics of Blue Collar City are the modest levels of education and the reliance on unskilled and semi-skilled vocations for employment. Generally consisting of large families with
children, a substantial proportion is single, separated or divorced. Many different ethnicities and
cultures are represented in this group.
Incomes are well below average, and a significant percentage of people in this group are
unemployed and reliant on government assistance for accommodation and/or day-to-day living
expenses.
Blue Collar City has very high credit demand and a very high credit risk profile. While there is some
demand for real estate mortgages, the most common products are personal loans, hire purchase and continuing credit. This segment has the highest use of interest free offers in the market.
Further segmentation is available in this group:
- Young Blue Collar Families
- Young Migrant Families
- Suburban Battlers
- Diverse Welfare
- Subsidised Suburbia |