EV Sentiments Survey 2023: Over Half of Australians Intend to Buy an Electric Vehicle in The Future
As part of Savvy’s research into Australian consumer sentiment and economics, we follow up our Electric Vehicle 2021 survey with a new poll seeing where sentiments are at present. 41% of Australians surveyed say they intend to purchase an EV in the future 10% say they will purchase within the next twelve months Number of […]
Rental Survey 2023: Too Damn High? Three in Five Aussies Say Their Rent Is “Overpriced”
A nationally representative survey of Australians (n=1,000) conducted by Savvy has shown that almost two in five renters (59.2% of 392 renters) are spending over 31% of their weekly income on rent. 58.9% of renters say they feel their rent is overpriced 64.7% of women say they feel their rent is overpriced, compared with 52.9% […]
Mortgage Stress Survey 2023: 38% of Australians To Spend Less and Prioritise Mortgage
As part of Savvy’s ongoing research into the economic and financial wellbeing of Australian families, our latest survey follows up 2022’s findings into mortgage stress. 21% of respondents say they haven’t missed repayments but are “under pressure” 38% say that they will spend less and prioritise their mortgage if rates continue to rise 13% say […]
Property Report 2023: The Most and Least Expensive Suburbs to Buy Property in Australia
As part of Savvy’s ongoing economic research, we look at property market conditions in the most and least expensive suburbs to buy in. National housing values decreased by 3.2% over 2022 to November Vaucluse, NSW was the most expensive suburb for houses Kambalda East, WA was the most affordable suburb for houses Elizabeth North in […]
Rental Crisis: Low-Income Households Need 117% of Income to Pay Rent
Rental stress has been sky-high for Australians over the past few years. The soaring cost of housing is putting pressure on low to middle-income earners, especially in major cities such as Sydney and Melbourne. The issue is particularly acute for single-parent families, low-wage workers and older Australians on fixed incomes. More than 42% of all […]
Compare Green Car Loans
Green car loans are a type of secured car loan designed to help you buy an environmentally friendly car, such as an EV or hybrid vehicle. While they’re no different from any other secured car loan in almost every way, the one key difference is that they come with a discounted rate and/or fees. How are green […]
EV Charging At Home In Australia
Savvy looks at the feasibility of charging electric vehicles at home and whether the Australian electricity grid will be able to accommodate more EVs on the road, by examining the latest data from the Electric Vehicle Council of Australia, and the CSIRO. Most Australian EV drivers self-managing charging at home, to take advantage of off-peak […]
Best Way To Finance A Car In Australia
There are many options open to Australians when it comes to purchasing vehicles, which is why it’s important to consider each of them to help you find out what the best way is for you to finance a car. What is the best way to finance a car in Australia? The best way to finance […]
A Quarter of Aussies Save $250 or Less Per Month
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 stocks & shares […]
84% of Australians Worried About Wage Growth Amid Inflation
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 income 84% of Australians are worried to some degree about flat wage growth 38% of Australian women say they’re “extremely worried” […]
Feeling the Pinch: 25.7% of Australian Mortgage Holders Have Seen Repayments Rise by Over 6%
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 holders have […]
46% of Australians Paying Between $91 and $160 on a Tank of Fuel
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 fuel 33% of Australians are spending between $91-$120 for a fill up 17% of Australians spending over $191 […]
