A growing number of young Australians are turning to social media creators for financial guidance. About 30% of Australians, equivalent to 6 million people, now seek advice on spending, saving, and investing from online personalities, according to new research by comparison site Finder. Notably, it’s the younger demographics that are most […]
economy
Financial stress is a pressing concern for nearly 12 million Australians, according to a recent survey conducted by the comparison website Finder.com.au. The study underscores the profound impact of money pressures on individuals’ overall well-being and quality of life, with younger demographics particularly affected. The survey revealed alarming statistics, with […]
A staggering two-thirds of Australian women (69%) find themselves grappling with financial stress, in stark contrast to 49% of men, highlighting ongoing economic inequality. An International Women’s Day Report by comparison website Finder delves deep into the chasm separating men and women in terms of financial stability. It found over […]
Australia’s housing crisis is putting the Australian dream to own one’s home out of reach for many. But it’s not just home ownership that has been affected. Rental affordability has also become a serious issue. This has reignited the debate about negative gearing; whether or not it is fair and whether it holds the […]
Men continue to outstrip women in the salary stakes, with men’s median annual salary $11,542 greater than women’s, according to newly released data for Australian private companies. It’s a gap of 14.5%, down from last year’s 15.4%. Men’s median annual base salary in 2022-23 of $79,613 compares to $68,071 for women. […]
Coles and Woolworths, the supermarket chains that together control almost two-thirds of the Australian grocery market, are facing unprecedented scrutiny. One recent inquiry, commissioned by the Australian Council of Trade Unions and led by former Australian Consumer and Competition Commission chair Allan Fels, found the pair engaged in unfair pricing practices; an […]
A growing number of Australians are struggling to make credit card repayments amid the cost-of-living crisis. An estimated 1.8 million people, equivalent to 13% of all credit card holders, have encountered difficulties in meeting their repayment obligations over the past three months, according to comparison website Finder. Of this group, […]
Millions of Australians have been dumped by a romantic partner due to their financial struggles amid the cost-of-living crisis. An estimated 16% of Australians, equivalent to a staggering 3.2 million people, have endured the pain of a breakup due to money troubles, according to comparison website Finder. Among the myriad […]
Australians have been hit by large rises in grocery, energy, transport, child and aged care prices, only adding to other cost of living pressures. While extreme weather and supply delays have contributed to the increases, an inquiry into what’s causing the hikes has confirmed what commentators and consumers suspected – […]
As the cost of living continues to rise, an increasing number of Australians are finding themselves relying on credit cards as a means to meet their financial obligations. Recent data unveiled by comparison website Finder shows that roughly 15% of Australians, totaling 3 million people, have turned to credit cards […]
