INTHEBLACK August 2022 - Magazine - Page 14
GET
SMART
HOME
TRUTHS
With soaring inflation putting pressure on households to pay essential
expenses, how do wages compare with the cost of living in Australia,
and how much disposable income is left in the kitty? A report from
online financial broker Savvy has crunched the numbers.
A$1124
T H E AV E R A G E D I S P O S A B L E
HOUSEHOLD INCOME PER WEEK
11.4%
T H E P E R C E N TA G E O F I N C O M E
S AV E D D U R I N G T H E F I R S T
Q U A R T E R O F 2022
32,000
THE NUMBER OF
H O U S E H O L D S T H AT D I D N ’ T
RECORD AN INCOME
75%
T H E P E R C E N TA G E O F
H O U S E H O L D S T H AT R E C O R D E D
D E B T I N 201 9 -2020
READ THE REPORT HERE
14 ITB August 2022
T H E A U S T R A L I A N C A P I TA L
T E R R I T O RY R E C O R D E D T H E M O S T
DISPOSABLE INCOME, WITH
A$1406
PER WEEK FOR ESSENTIAL
AND NON-ESSENTIAL ITEMS
TAS M A N I A H AS T H E L O W E S T
D I S P O S A B L E I N C O M E , AT
A$961
1 IN 4
AUSTRALIANS ARE
FEELING THE
STRAIN OF THE
COST OF LIVING
PER WEEK