Originally published: Mountain Views, 11 December 2022
For 15.7 million Aussies (61 per cent), Christmas will be anything but joyous due to the impact of the rising cost of living, according to new Salvation Army research.
This follows a challenging year that has included record-high inflation, an unprecedented eighth interest rate rise in as many months and devastating natural disasters.
The Salvation Army commissioned two pieces of research; the first surveyed 1,450 people who have sought support through The Salvos Doorways Emergency Relief Services* and the second external research surveyed the general public**.
Pureprofile’s survey of the general public found:
Over half of Australians (52 per cent) are more stressed about their finances this year compared to last year.
