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The New Daily
The New Daily
Business
Matthew Elmas

Revealed: How Australians are cutting back as the cost-of-living crisis bites

NAB Inflation Petrol
Consumers are responding to the cost-of-living pinch by tightening their belts, new data shows. Photo: Getty

The worst cost-of-living squeeze in two decades is pushing Australians to make major changes to their spending habits, a new report reveals.

Food delivery, online subscriptions and gym memberships are among the first things being cut as households tighten their belts, the latest National Australia Bank consumer data found.

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