Latest articles by Adrian

• A Quarter of Aussies Save $250 or Less Per Month 

  March 15, 2024

  Savvy’s new personal finance survey of 1002 Australians discovers people's average monthly savings, where they put their money and how they feel about inflation.  24% of Aussies save $250 or less each month 32.5% save $750 or over per month  78% rely on savings accounts, followed by super contributions (24%), then...

• 84% of Australians Worried About Wage Growth Amid Inflation

  March 15, 2024

  As part of Savvy’s research into cost-of-living pressures, many Australians are worried that flat wage growth will not keep up with soaring inflation.30% of Australians report they are “extremely worried” about inflation outpacing income84% of Australians are worried to some degree about flat wage growth38% of Australian women say they’re...

• The Uninsurables: The Australian Locations Most Vulnerable to Extreme Weather Events

  March 15, 2024

  Savvy analyses the latest Climate Council data, showing an increasing number of properties in Australia will face skyrocketing home insurance premiums due to climate change related extreme weather events, including:Riverine flooding – when a river breaks its banks and floodsCoastal inundation – when seawater floods an areaExtreme wind – such...

• Towing Capacity of SUVs Available in Australia  

  March 15, 2024

  One of the most frequently asked questions at dealerships and in second-hand sales of SUVs is, “how much can it tow?”The towing capacity of some SUV models varies across yearsFord Ranger has the highest potential towing capacity at 3,500kgUpper limit capacity is for caravans and trailers with brakesDetermines what types...

• Feeling the Pinch: 25.7% of Australian Mortgage Holders Have Seen Repayments Rise by Over 6%

  March 15, 2024

  Savvy's survey investigates the impact of interest rate rises on mortgage holders to learn how much repayments have risen and how Australians plan to cope with the increase. 52% of Australian mortgage holders have had repayments rise up to 5%18.1% of mortgage holders have seen repayments rise from 6-10%6.26% of mortgage...

• 46% of Australians Paying Between $91 and $160 on a Tank of Fuel

  March 22, 2024

  As part of our ongoing investigation into the rising cost of living, Savvy takes a look at rising fuel costs and their effects on everyday Australians.46% of Australians are spending between $91-$160 on a tank of fuel33% of Australians are spending between $91-$120 for a fill up17% of Australians spending...

• Online Shopping Report: “Super Shoppers” Driving Massive Growth in Online Retail  

  March 19, 2024

  Over 2021-2022, over 80% of Australian households bought something online – spending $62.3 billion with a growth factor of 12.3%. Savvy investigates the latest AusPost data to learn who is buying, what’s popular, what consumers care about, and where online retail is headed into the future.Most active online shoppers comprise...

• Home Heating and High Electricity Prices Make for a Chilly Winter for Australians

  March 15, 2024

  With Australians feeling the chill this winter, Savvy looks at what people are doing to save on home heating expenses and deal with soaring electricity prices.70% of women say they will simply "wear more clothes” to avoid energy use42% of total respondents will use appliances less46% will “turn off lights...

• Electric Vehicle Nation – Can Australia Support EVs with the Current Infrastructure?  

  March 15, 2024

  With EV sales making up a small 1.6% of all new vehicle registrations in 2021, one of the most cited reasons that people are reluctant to take up electric vehicles is a lack of charging infrastructure. Savvy looks into the current state of EV charging infrastructure and what’s planned for...

• Inflation Bites as Australians Say They’re Paying More for Groceries: New Survey

  March 18, 2024

  Savvy's second 2022 cost of living survey, of 1003 Australians, learns what impact inflation and higher prices are having at the checkout. 33% of those surveyed said their grocery bills have increased by between 11-20%Average cost of a grocery shop estimated at $168.5021% of women say their grocery bill has increased...

• Incentives for New Electric Vehicle Purchases in Australia by State  

  April 11, 2024

  As Australians increasingly turn to electric vehicles for their next car purchase, many may be wondering what incentives are offered in their state or territory. In this report, Savvy has analysed the latest findings to provide a breakdown of what governments are doing to encourage greater EV uptake.Aussie EV sales...

• 28% of Mortgage Holders Can Absorb Interest Rate Hike; 26% Will Experience Mortgage Stress

  March 18, 2024

  Savvy's 2022 cost of living survey learns how interest rate hikes are affecting Australian mortgage holders.44% of Australian mortgage holders spend between $251-$500 in weekly repayments23% of mortgage holders spend $501-$750, and a further 18% spend $751 and over53% will cut down on other expenses to prioritise mortgage, 28% will...

• 2.72 Million Australians at Risk of Rental Stress: Survey

  March 19, 2024

  Savvy's 2022 cost of living survey learns how rising rents are impacting average Australians.1.42 million Australians devote 31-45% of their income to rent1.12 million report spending 46%-60% of their income on rent50% of 18-24-year-olds say they’re stressed about rent or potential rent increases40% of 25–34-year-old cohort and 33% of 35-44...

• Do I Have to Pay Tax on My Cryptocurrency Earnings in Australia?

  March 18, 2024

  With the End of Financial Year (EOFY) approaching and cryptocurrency holders wincing at the recent crash across the major coins, Australians new to the world of cryptocurrency may be wondering what their tax obligations are. In this report, Savvy examines the data to provide insight into the crypto tax situation...

• 8.7m Aussies Say Utility Bills Concern Them Most: Survey

  March 18, 2024

  Savvy's 2022 survey of 1005 Aussies learns how rising utility prices are affecting the cost of living in Australia.Estimated 8.7 million Australians cite utility prices as the greatest cost of living concernAverage Australian spending $137 per week on utilities54% of those surveyed have experienced electricity price rises42% say they have...