Post by Way Forward – Free Debt Solutions

Financial stress on the rise A Salvation Army national survey found that more than 9.7 million Australians started 2026 in debt, with 89% of people feeling the same or more stressed about their finances than they were last year. The graph shows the median weekly income of full-time adults working ordinary hours across Australia. It highlights the diversity in earnings between states and the ongoing gender pay gap – differences which can significantly affect superannuation balances and retirement outcomes later in life. As the cost of living continues to rise and the national unemployment rate reaches 4.5%, many Australians are finding it harder to keep up with everyday expenses. If you are employed but struggling with debt, Way Forward may be able to help. Find out more at www.wayforward.org.au. Source here: https://lnkd.in/geVqKgPP Median Income figures: ABS 2023.