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The rising cost of living strikes a sour note with Australians

David works 40-hours a week busking in Melbourne and is struggling to make ends meet (SBS)  .jpg

David works 40-hours a week busking in Melbourne and is struggling to make ends meet. Credit: SBS

Australians are working more hours, on average, than before the pandemic. Yet, one in four are finding it difficult to get by on their income.


Key Points
  • Rate increases and inflation are straining some households; many people are forced to change their spending habits.
  • At the start of 2022, around 37 per cent of Australians said price rises were a "very big problem"; by October that had jumped to nearly 57 per cent.
  • Advocates are calling for an increase income support payments from the government.

In January 2022, about 37.4 precent of Australians said price rises were a "very big problem". By October that had jumped to nearly 57 per cent.

Many Australians are forced to change their spending habits.

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