As many as 10.6 million Australians will be feeling the pinch this Christmas, with new data revealing almost half of the nation will struggle to cover expenses over the holiday period. READ MORE: 9News
A national survey conducted by Finder found that of the 1114 respondents, 53 per cent - an equivalent of 10.6 million Australians - admitted they will "struggle" to cover expenses over the holiday period.
Groceries was the biggest concern for respondents, with 33 per cent of people surveyed claiming supermarket shopping will be a major worry for them this Christmas.Groceries was the biggest concern for respondents. More than 1 in 10 will struggle with rent payments, while 11 per cent will find it hard to pay off credit card debt, according to the research.
"High household costs have left some Aussies with the tough decision as to whether they put food on the table or presents under the tree this Christmas," Graham Cooke, head of consumer research at Finder said. "Money might be tight this year but there are still ways to have a great Christmas with friends and family."
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Almost of half of Aussies under financial stress this Christmas: surveyA national survey conducted by Finder found that of the 1,114 respondents, 53 per cent - an equivalent of 10.6 million Australians - admitted they will "struggle" to cover expenses over the holiday period.
Read more »
Australians are feeling the ‘bite’ of interest rate rises as Christmas nearsThe Salvation Army's Major Brendan Nottle says 61 per cent of Australians are feeling the “bite” of the interest rate rises at it is “hitting hard” for people around Christmas. “It’s not just about putting on the spread on Christmas day, it’s not just about providing presents for the kids, it’s about everyday living,” Mr Nottle told Sky News host Chris Kenny. “You got the additional costs that come along unexpectedly like pharmacy costs. “All of those things are really putting a squeeze on people, and I think there’s an economic grey cloud that’s hanging over so many people at the moment and they’re really feeling the bite this Christmas.”
Read more »
‘Ridiculous’: Emma McKeon makes history as Aussie women smash world recordTeen’s hilarious F-bomb reaction as Aussies obliterate record
Read more »
Rising star Pallister claims third gold medal as Aussies break another Dutch relay recordAustralia breaks the Dutch world record in the 4x200m freestyle as Lani Pallister claims her third gold.
Read more »
The text messages that saw 15 Aussies unwittingly become money mulesAustralians 'who thought they had found love' have been unwittingly committing crimes after being enlisted by criminals pretending to love them, the AusFedPolice reports. 7NEWS
Read more »
New play program is having a big impact on younger and older AustraliansSocial isolation is a major issue affecting older Australians, but a program north of Brisbane is helping to bridge generational gaps.
Read more »