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Millions of Australians find cost-of-living crisis worse than last year

Media Coverage
Third Sector; April 10, 2025

New research by Good360 Australia charity reveals that people affected by the cost-of-living crisis are cutting back on home essentials.

Good360 Australia’s research has found that 34% of Australians say the cost–of–living crisis feels worse for them and their family than it did at the same time last year, with many forced to make impossible choices about affording everyday home essentials. The research also shows that 32% do not expect their financial situation to improve in the coming year.

One in five (20%) have recently skipped buying clothing or shoes for themselves or their families due to affordability issues. Almost the same number (19%) have had to cut back on food or healthcare to afford home essentials or clothing. Alarmingly, 14% say that the stress of the ongoing cost–of–living crisis hurts their mental health and wellbeing.

Alison Covington AM, Founder and Managing Director of Good360, which redirects new, unsold goods to people in need Australia-wide, calls for action to help alleviate the burden of the ongoing crisis on vulnerable people and communities.

“Australians are making heartbreaking sacrifices just to keep their households running,” Covington said. ”This is more than just an economic issue; it’s a crisis affecting people’s quality of life, mental wellbeing and dignity. However, there are smart solutions for alleviating this crisis while also reducing unnecessary waste across the retail economy.”

Read the full article over at Third Sector.

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