In a survey conducted in Australia during the second quarter of 2022, over half of the respondents indicated that they had switched to cheaper brands or shopped around for cheaper prices as a way of dealing with cost of living pressures. More than one in ten respondents indicated that they had deliberately missed a bill payment in response to rising pressures.
Changes made by consumers in past 3 months due to cost of living pressures in Australia as of Q2 2022
Characteristic
Yes
No but intend to
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NAB (Australia). (June 23, 2022). Changes made by consumers in past 3 months due to cost of living pressures in Australia as of Q2 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1324796/australia-recent-changes-made-by-consumers-due-to-cost-of-living-pressures/
NAB (Australia). "Changes made by consumers in past 3 months due to cost of living pressures in Australia as of Q2 2022." Chart. June 23, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1324796/australia-recent-changes-made-by-consumers-due-to-cost-of-living-pressures/
NAB (Australia). (2022). Changes made by consumers in past 3 months due to cost of living pressures in Australia as of Q2 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1324796/australia-recent-changes-made-by-consumers-due-to-cost-of-living-pressures/
NAB (Australia). "Changes Made by Consumers in past 3 Months Due to Cost of Living Pressures in Australia as of Q2 2022." Statista, Statista Inc., 23 Jun 2022, https://www.statista.com/statistics/1324796/australia-recent-changes-made-by-consumers-due-to-cost-of-living-pressures/
NAB (Australia), Changes made by consumers in past 3 months due to cost of living pressures in Australia as of Q2 2022 Statista, https://www.statista.com/statistics/1324796/australia-recent-changes-made-by-consumers-due-to-cost-of-living-pressures/ (last visited July 22, 2024)
Changes made by consumers in past 3 months due to cost of living pressures in Australia as of Q2 2022 [Graph], NAB (Australia), June 23, 2022. [Online]. Available: https://www.statista.com/statistics/1324796/australia-recent-changes-made-by-consumers-due-to-cost-of-living-pressures/