The cost of living in Australia is increasing, and many Australians are feeling the pinch. This is particularly true when it comes to energy bills, which are expected to rise up to 24% next month. Rent is skyrocketing as demand outpaces the short supply of affordable rentals. It’s forcing people to become innovative in order to stay afloat.
The rising cost of living in Australia is a challenge for many households, particularly those with lower incomes. Even for well-off households, unaffordable energy bills can be tough to manage. The situation is only getting worse with the expected rise in energy prices. People living in public housing are particularly vulnerable, as they don’t have the same options as those that own their own homes.
Many families have had to tighten their belts due to interest rates driving up mortgage payments; households are trying to cut costs by reducing the use of energy draining appliances such as heaters and looking for competitive energy providers.
