Cost-of-living pressures fuelled by soaring mortgages and rents are forcing younger Australians to dramatically pull back their spending habits, with renters aged between 30 and 34 feeling the most pain.
But younger spenders are not completely sacrificing their fun and are instead reducing expenditure on essential items such as petrol, clothing, food and household goods so they can still travel, go to concerts and eat out.
CommBank iQ is the first report…
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