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The Guardian - AU
The Guardian - AU
National
Paul Karp

One in four Australians struggling to make ends meet as inflation strains incomes, study shows

Pedestrians move along George Street in Sydney
Rising cost of living is harming Australians’ economic wellbeing with a decline in real income since April 2022 as inflation has increased. Photograph: Lisa Maree Williams/Getty Images

One in four Australians is struggling to make ends meet on their current income with average household earnings falling behind pre-pandemic levels in real terms.

Those are the findings of an Australian National University survey of almost 3,500 adults that confirms inflation is harming Australians’ economic wellbeing, with many registering a real pay cut despite working more hours.

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