in partnership with

State of the Economy
End of Financial Year 2023

See what our members have to say about their finances and explore trends from our unique perspective.

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Key findings summary

1 in 2 Australians are financially struggling

90% have been impacted by the rising cost of living

2 in 3 are not prepared for the upcoming changes in the Australian economy

1 in 2 Australians are feeling worried about the economy

50% are actively looking to refinance their debt products over the next 12 months

1 in 3 are looking to earn additional income due to the change in the economic landscape

65% are prioritising savings in the next 12 months

80% are concerned rising interest rates will impact their future financial plans

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