How Aussies are fighting back as the cost-of-living crisis drags on
Life isn’t getting cheaper, but everyday Aussies are getting savvier — and these strategies are helping them stay afloat.
For many Australians, it’s hard to remember the last time their household budget didn’t feel stretched to breaking point. And despite countless promises, small wins on inflation, and government support payments, the overwhelming feeling among households is that nothing has really improved.
Only 7 per cent of Australians believe the cost-of-living crisis has improved in the past year. Even more telling, just 22 per cent feel optimistic about the economy’s future — despite a slowing inflation rate and a lower cash rate.
That’s the clear message from Compare the Market’s 2025 Household Budget Barometer, which paints a sobering picture of the nation’s financial mood. If there’s a silver lining to be found, it’s that Australians are adapting.
Author's summary: Aussies adapt to cost-of-living crisis.