SBS On the Money: Middle-aged households wipe excess savings

On the Money - pink piggy bank, savinAgs, generic, money.jpg

On the Money Source: SBS News / SBS

SBS On the Money
View Podcast Series
Download the SBS Audio appAvailable on iOS and Android

UBS says middle-age households have wiped their excess savings at a time where cost of living pressures build following a ninth consecutive Reserve Bank interest rate rise.

Listen to Australian and world news, and follow trending topics with SBS News Podcasts.

Share

Latest podcast episodes

OTM - Money, currency, US dollar, foreign exchange (SBS).jpg
OTM - Employment, jobs (Getty).jpg
OTM - Trump
OTM - Tariffs (Getty).jpg

Recommended for you

Bob Katter, an elderly man with white hair and wearing a black coat, gestures with his hands—one of which has writing on the palm—while standing in front of a banner reading “no migration without assimilation“.
A middle-aged Asian woman with short grey hair. The Australian and Aboriginal flags are behind her.
Protesters wave Iranian flags as flames light up a nighttime street during unrest.
Donald Trump outdoors.
Composite image of a man and a woman.
Melbourne skyline with a house and an apartment block.
People walking along a busy train platform in a large city.
Someone scanning an Australian passport at a check-in counter.

Get SBS News daily and direct to your Inbox

Sign up now for the latest news from Australia and around the world direct to your inbox.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News
facebook
X (Twitter)
instagram
youtube
tiktok
rss
Download our apps
SBS News
iOSAndroid
SBS Audio
iOSAndroid
SBS On Demand
iOSAndroid
Listen to our podcasts
SBS News Update
An overview of the day's top stories from SBS News
SBS News In Depth
Interviews and feature reports from SBS News
SBS On the Money
Your daily ten minute finance and business news wrap with SBS Finance Editor Ricardo Gonçalves.
SBS News in Easy English
A daily five minute news wrap for English learners and people with disability
Get the latest with our News podcasts on your favourite podcast apps.
Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service
Watch nowOn Demand
Watch the latest news videos from Australia and across the world