About 80 percent of Australian households are under “extreme” financial stress, according to a new report.
In November, Finder’s Cost of Living Pressure Gauge reached an “extreme” level of 79 percent, up from 45 percent in November 2020.
Nearly 80 Percent of Australian Households Grapple With ‘Extreme’ Financial Stress: Report
The data suggests that families are wrestling with the burdens of rising expenses, prompting a widespread reevaluation of spending habits.
A woman pays a fruit vendor in a market in Melbourne, Australia, on July 23, 2013. Scott Barbour/Getty Images
Isabella Rayner
Author
Isabella Rayner is a reporter based in Melbourne, Australia. She is an author and editor for WellBeing, WILD, and EatWell Magazines.
