State of the Economy

End of Financial Year 2021 - 2022

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 feeling worried about the economy

60% predict the economy will worsen in the next 12 months

1 in 3 live paycheque to paycheque

85% have already experienced cost of living increases in recent times

Housing unaffordability still high, although almost 50% predict house prices will remain flat or decrease

70% of Australians now prioritising savings over other discretionary purchases

30% seek new places of employment in the next 12 months

60% have more than 1 Buy Now Pay Later account

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