Are you struggling to save money?
Aussies are struggling to save as much money as they have in the past. The saving ratio fell to 7.6 per cent in the December 2015 quarter. That means the average Australian household saves about 7.6 per cent of their income. That is down from 8.7 per cent in the September 2015 quarter and well down from the post GFC high of 11.9 per cent at the end of 2008.
Source: Banking Day