34.3% of Australians say they live pocket to mouth and 24.6% say they are currently forced to look out for a job that pays more money according to a survey of more than 800 people by Linkme.com.au, Australias leading career networking site.
Mr Campbell Sallabank, CEO of Linkme.com.au says 61.3% of respondent said they have to make their lifestyle suit their pay and this means cutting back on luxuries in order to survive.
"82% admit they would like to plan their finances better but 43.5% say they dont make enough money to be able to budget any differently. 29.6% say unexpected expenses always get in the way of getting ahead financially."
"Recent tax cuts will not improve the situation for most people and housing shortages and rising rents are just making things worse."
"The reality is there are tremendous skill shortages in Australia and employees can charge themselves out at a premium. There seems to be a great deal of job hopping and no wonder as the pressure to make ends meet is reaching boiling point."
"Housing prices, petrol, bread and milk costs have all sky rocketed whilst salary levels have languished over the past decade."