InfoChoice Real Hardship Survey - October 2023

Key findings

50% are spending more than 30% of their household income on mortgage repayments

15.8% have missed other bills because of their mortgage

59.7% reduced family activities
in the past year

7.8% of Gen Z borrowers committed a crime to pay their mortgage

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Media

All commentary in this report can be attributed to InfoChoice Money Analyst Harrison Astbury

For all media enquiries regarding this report, please contact:

Email: media@infochoice.com.au
Mobile: 0481 082 565

Other InfoChoice Research & Surveys

InfoChoice State of Aussies' Savings Survey - July 2024

To help get a better understanding of where Australians stand when it comes to their savings, InfoChoice recently surveyed more than 1,000 respondents on how they are saving and spending money in this current cost of living crisis.

InfoChoice Rent Crisis Survey - January 2024

We assess how renters are faring in some of the tightest conditions in Australia’s history. InfoChoice surveyed more than 1,000 renters of all ages and from all states to discover what’s making them tick.

Download Full Report

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Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you.

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