MORE than half of Australians (55%) are cutting spending on essentials such as food, medication and bills to afford housing, according to a new YouGov survey commissioned by the St Vincent de Paul Society. The research found 29% lack sufficient savings to cover an emergency expense, with 3.7 million Australians strongly disagreeing they have a financial buffer. Launching its Winter Appeal 2026, Vinnies warned rising living costs are pushing more households into financial hardship and homelessness, urging Australians to donate as demand for assistance with food, bills and essentials continues to grow.
VINNIES WARN AGAINST RISING LIVING COSTS
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Michael Walls
michael@accessnews.com.au
0407 783 413