69% of Australians report higher costs for groceries, housing, and insurance due to the cost-of-living crisis, according to a Monash University study.
69% of Australians report higher costs for groceries and essential goods due to cost-of-living crisis, with 62% experiencing increased housing costs and 59% facing higher insurance costs, according to a Monash University study. In response, 58% wait for items to go on sale, 54% buy cheaper brands, and 52% postpone purchases. 82% save at least a portion of their monthly income, with traditional savings accounts most popular.
May 13, 2024
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