The two factors that cut $450 from your household’s monthly budget
Households experienced a $450 drop in monthly budgets during the March quarter, the largest quarterly decline in over 20 years. Rising petrol prices and interest rate hikes significantly impacted families, with low-income earners feeling the most strain. Economic consultancy Polis Partners warns that household budgets may continue to worsen in the coming months due to ongoing financial pressures.
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Published 25 Jul 2026, 09:30 UTC · Updated 25 Jul 2026, 09:41 UTC
Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections