Aussie Savings & Spending Insights

While 2020 has seen a mix of households doing it tough versus others who have fared more favourably, a shared experience for many is greater money mindfulness and better savings habits, with one third (31%) of consumers saving regularly each month, up from 25% pre-pandemic.

In the latest Financial Health Barometer, Rabobank surveyed Australians in March and again in September, finding that 3.7 million Australian households (34%) have experienced a decrease in income as a result of COVID-19.

Read on to see the results.