A large-scale survey into Australia’s housing crisis has revealed high proportions of Australians hit by rising rents and housing stress are skipping doctors appointment, reducing their energy use – like forgoing heating and airconditioning – and leaving their car at home. Ahead of the first People’s Commission into the HousingContinue Reading
Australians are being forced to take extreme measures to cope with the worsening cost-of-living crisis, including turfing their parents out of their homes, new research shows. An eye-opening study commissioned by customer-owned financial institution BCU Bank and conducted by YouGov found 39 per cent of people are struggling to coverContinue Reading
One in six Australians have resorted to using credit cards to cover the cost of everyday expenses, as the cost-of-living crisis continues to push household budgets. New research found 27 per cent of Australians were doing it tougher than ever before, however that financial pressure was more concentrated in SouthContinue Reading
One in six Australians have resorted to using credit cards to cover the cost of everyday expenses, as the cost-of-living crisis continues to push household budgets. New research found 27 per cent of Australians were doing it tougher than ever before, however that financial pressure was more concentrated in SouthContinue Reading
The so-called ‘Great Australian Dream’ of owning your own home has become a nightmare for millions of people – and is only set to get worse this year. In previous generations, buying a pile of bricks was an achievement typically achieved in one’s late 20s to mid-30s, coinciding with startingContinue Reading
Shocking figures have exposed the depth of pain being felt by Aussies amid the cost-of-living crisis, as more and more people seek financial assistance while struggling to make ends meet. Annual data from the St Vincent de Paul Society has revealed a 40 per cent rise in calls for assistanceContinue Reading
Baby Boomers are increasing their spending on travel and eating out as soaring inflation and interest rates inflict pain on young Australians. New data from CommBank iQ has revealed that older Australians have been living more comfortably and increasing their expenses this year, with the average person over 65 increasingContinue Reading
Access to one year of free home internet will now be easier for thousands of families with school students following a big change to the Albanese government’s School Student Broadband Initiative. The introduction of a National Referral Centre, announced Tuesday, will simplify the process for up to 30,000 families eligibleContinue Reading
Australians battling the cost of living crisis are cutting back on non-essentials – especially furniture and clothes. The Australian Bureau of Statistics (ABS) monthly household spending indicator report, released Tuesday, shows overall household spending was up 3.3 per cent in May, compared to the same time last year. But it’sContinue Reading
One in five Australians – about five million people – are currently unable to meet their basic food needs, including a growing number of working families, according to the nation’s leading food rescue charity. The dire statistic from SecondBite comes as its winter appeal, in partnership with Coles, kicks offContinue Reading