Australian Consumer Stress Barometer

The June 2024 Australian Consumer Stress Barometer shows younger Australians (who are mostly excluded from home ownership) are struggling to get ahead financially, due to burdens of higher rent and higher servicing costs on personal borrowings.

Australia risks having a social divide open between older and young Australians creating in effect, a ‘Gen-Z recession’.

This is a report by Manager of Bureau Analytics, Michael Landgraf

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