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 […]
The Next Generation: What Australia’s Young People Plan to Do After Leaving School
As part of Savvy’s ongoing research into the financial wellbeing of Australians, we look at the latest numbers on the plans of young people after they finish secondary education. 71.9% of school-leavers say going to university is their ultimate plan for after high school 85.8% of all respondents said they were enrolled in full-time study […]
Budget Nation 2023: Half of Aussies are Keeping on Top of Finances by Budgeting
As part of Savvy’s ongoing research into the personal finance habits of Australians, we survey Australian adults about their plans to pay off large Christmas expenses and how they’ll keep on top of finances in 2023. 64% of Australians will use existing savings to pay off Christmas expenses; only 14% will use the credit card […]
Boxing Day Sales Survey: Clothes, Shoes and Electronics Are Hot on Aussies’ List for 2022
As part of Savvy’s ongoing research into consumer trends and spending habits, we take a look at whether 2022’s Boxing Day sales will be a hot prospect in the light of pre-Christmas sales such as Black Friday. 52% of Australians intend to spend money at Boxing Day Sales in 2022 25% will spend from $100 […]
Australian Health Report 2022: How Healthy Are We?
In addition to researching the financial wellbeing of Australians, Savvy is taking an interest in creating a snapshot of the overall health and wellbeing of Australians. In this article, we delve into the latest reports and surveys into Australian health. Tobacco use has fallen to 11% in 2022 from 24% in 1990 Life satisfaction as […]
Christmas Survey: Australians Set to Drop Up to $14.9 Billion for Christmas Day Alone
A new survey into Christmas spending has revealed that Australians will still be investing a substantial amount this year, despite inflation and rising cost of living expenses. Australians will spend up to $14.9 billion this Christmas This Christmas, the average Aussie will spend $767 The average woman will spend $848 at Christmas, in contrast to […]
Black Friday 2022 Survey: Aussies are Set to Spend Big on Clothes and Electronics This Black Friday
As part of Savvy’s ongoing research into consumer behaviour and economic wellbeing, we take a look at spending habits of Australians around the “Black Friday” and “Cyber Monday” pre-Christmas sales. 59% of Aussies going to spend on clothes and shoes; 35% on electronics 51% say they won’t be spending as much this festive season as […]
Financial Wellbeing Report: The Changing State of Australians’ Finances
As part of Savvy’s ongoing research into consumer behaviour and economic wellbeing, we take a look at spending habits of Australians around the “Black Friday” and “Cyber Monday” pre-Christmas sales. 59% of Aussies going to spend on clothes and shoes; 35% on electronics 51% say they won’t be spending as much this festive season as […]
Share Investing in Australia, 2022 Survey: 67% of Women Own No Shares, Compared to 53% of Men
Savvy takes a look at personal finance trends relating to investments in the share market. 67% of Australian women have not invested in shares, compared to 53% of men 15% of Australians have up to $5,000 invested in shares 46% say they are invested as shares provide a “good return” 34% say they are investing […]
Superannuation in Australia, 2022 Survey: Men Twice as Likely as Women to Have a Higher Balance
Savvy breaks down the key stats on superannuation in Australia for men and women of different age groups. 44% of men currently have a superannuation balance of more than $100,000, compared to just 24% of women 45% of women currently have a superannuation balance of $50,000 or less, in contrast to 32% of men 52% […]
