See how Australians are running down their savings to make ends meet.

See how Australians are running down their savings to make ends meet.

The ME Household Financial Comfort Report provides in-depth and critical insights into the financial situation of Australians based on a survey of 1,500 households.
 
The survey is designed, developed and produced bi-annually by ME with assistance from DBM Consultants and Economics & Beyond.
 
This edition presents the findings from the 14th survey, conducted in June 2018.

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Key findings.

Low income growth

The majority of Australian households are not getting a pay rise.

Cost of necessities a major concern

Over half of households reported it as their ‘biggest financial worry’.

More dipping into savings

Fewer households are saving and those that are saving are saving less.

Housing stress still widespread

Over half are paying more than 30% of their income towards housing each month – a common indicator of financial stress.

Related articles.

7 steps to rein in living costs

Try these simple strategies to manage bills without dipping into a savings honeypot.

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Benefit from tracking your spend

ME research confirms that tracking spending has a powerful influence on your ability to save and set money goals.

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Money tips for all

Take a look at our decade-by-decade guide to forge ahead financially.

Read more

Archive.

Media enquiries.

Contacts

Jennifer Timm - Consumer PR Manager 0403 369 707
Matthew Read - Head of External Relations 0432 130 338

For customer enquiries, please call 13 15 63

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