Australians are facing more price spikes in the lead-up to Christmas, with new research from NAB highlighting how much extra people expect to pay on essentials.
The NAB Consumer Sentiment Survey revealed people were anticipating further pressure on their wallet as the year draws to a close.
Aussies are expected to spend $59 extra a week on groceries, $35 a week more on fuel, and $76 more a week on gas, electricity, and water bills.
Read Related Also: Multiple states brace for storms, floods
It adds up to a hefty $170 more a week.
Given these changing budget expectations, almost one in two Australians said they were being mindful or careful with their money and altering their behaviour.
Of the 2050 people surveyed, 61 per cent said they had switched to cheaper brands or shopped around for cheaper products.
