Original article by Roy Morgan
Market Research Update – Page: Online : 10-Sep-19

New data from Roy Morgan shows that important life events such as moving away from parents, sharing a household, renting, and then paying off a home and finally owning a home, are all occurring later in life for Australians than they were a decade ago. Roy Morgan CEO Michele Levine says Australians are living at home for longer, renting until their late 30s or even 40s, and paying off their homes well into their 60s and 70s, as the changing nature of Australian society impacts on the living arrangements of many. Levine says the changing way Australians decide upon their living arrangements and living their lives is clearly having a huge impact on the choices Australians make as consumers and where they decide to spend their dollars for leisure and entertainment, as well as for necessities and consumables.

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