Cost-of-Living Crisis in Australia
Everyday Australians are finding ways to cope with the ongoing cost-of-living crisis, as life shows no signs of getting cheaper.
According to Compare the Market's 2025 Household Budget Barometer, only 7% of Australians believe the cost-of-living crisis has improved in the past year, and just 22% feel optimistic about the economy's future.
Nothing has really improved, despite countless promises, small wins on inflation, and government support payments.
Australians are adapting to the situation, finding strategies to stay afloat amidst the financial struggles.
The survey paints a sobering picture of the nation's financial mood, with many households feeling stretched to breaking point.
Key Statistics:
- 7% of Australians believe the cost-of-living crisis has improved in the past year
- 22% feel optimistic about the economy's future
Aussies are getting savvier, finding ways to make ends meet as the cost-of-living crisis drags on.
Author's summary: Australians adapt to the cost-of-living crisis.