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AAP
AAP
Business
Savannah Meacham

'Struggling more than ever': Debt reaches six-year high

National Debt Helpline
The debt crisis shows no sign of slowing, with 15,000 Australians already seeking support in July. (David Crosling/AAP PHOTOS)

A record number of Australians experiencing "very distressed" financial situations have reached out for debt support, and the pressures are showing no signs of abating.

The National Debt Helpline had more than 168,000 people reach out during the 2024-25 financial year.

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