More Aussies plunder savings to make ends meet

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By Leith van Onselen

ME Bank has released its latest Household Financial Comfort Report, which is a biannual survey asking 1500 people to rate their household comfort.

The results are less than flattering, with an increasing number of Australians struggling with the cost of living and dipping into their short-term savings to make ends meet:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.