Australians are saving about $320 each month by cutting back on little luxuries and discretionary spending — with Gen Z leading the charge.
New figures from National Australia Bank to be released on Thursday show nearly six in 10 Australians are cutting back on eating out at restaurants, while just over half aren’t spending as much on treats like snacks, coffee and entertainment and nearly five in 10 say they’re reducing their spending on entertainment, food delivery and trips in the car to save petrol.
Source Agencies
