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AAP
AAP
Business
Poppy Johnston

UNCOVERED: Financial hardship returns to early pandemic levels | History Defined

Four in 10 Australians are experiencing financial hardships such as not being able to afford food. (Jane Dempster/AAP PHOTOS) (AAP)

Spiralling living costs and the interest rate hikes needed to rein in rising prices are taking a toll and have triggered the highest rates of financial hardship since the start of the pandemic.

Four in 10 Australians are experiencing some form of financial difficulty, which is the highest number recorded by NAB's hardship survey since the early days of the COVID-19 outbreak.

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