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Australian renters are financially wrecked

July 12, 2024 - 11:30 -- Admin

CBA’s latest Household Spending Insights (HSI) report contained the following chart tracking household spending across home ownership status: As you can see, aggregate spending by renters has lagged behind their home owning counterparts since late 2022, with the difference growing over the past year. In the year to June 2024, spending by renters declined by

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