February: Comfort and Decline

february: The ME Bank six monthly survey of financial comfort found stagnant wages were leaving many Australians struggling to cover day-to-day bills, according to Nine News Australia. Financial comfort of full and part-time workers saw a steep decline since February, with just a third of households reporting an increase in annual income over the past 12 months. To improve your experience update it here News National Almost half of Aussie households spend entire monthly income, report By Matt Dunn Senior Producer12 07pm Aug 12, half of all Australian households spend their entire monthly income, while one in five don't feel confident they could raise 3000 in an emergency, a report has found. AAP One in every two Australians also felt it would be difficult to find a new job, which is the highest number recorded since late 2016. The report also revealed a decline in comfort levels from homeowners with a mortgage and renters. It's clear from the latest report that there are increased concerns around job availability and underemployment, ME consulting economist Jeff Oughton said. (news.financializer.com). As reported in the news.

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