Original article by Roy Morgan
Market Research Update – Page: Online : 12-Jun-24

Taking the Pulse of the Nation (TTPN) surveys the Australian population to capture their sentiments and behaviours related to current economic and social issues. Rising housing prices, utility bills, medical bills, and everyday expenses like food have been contributing to an increased risk in Australia for people becoming vulnerable and falling into poverty. Using the February TTPN survey data, we examine cost-of-living challenges based on residents in a high-, medium-, or low-poverty community. We find that regardless of community type, financial challenges remain high across the board. High and medium-poverty communities report higher rates of food challenges compared to low-poverty communities. For all other challenges (housing, utility bills, and medical needs) there is a high share of individuals across all communities reporting such challenges. The number of individuals reporting these types of challenges is higher compared to 2023. To view all Melbourne Institute – Roy Morgan Taking The Pulse of the Nation Reports visit the TTPN website portal: https://melbourneinstitute.unimelb.edu.au/data/ttpn.

CORPORATES
ROY MORGAN LIMITED, UNIVERSITY OF MELBOURNE. INSTITUTE OF APPLIED ECONOMIC AND SOCIAL RESEARCH