Recent economic trouble is taking a toll on Aussies, with a large increase in the number of people seeking financial counselling.
In 2024, over 169,000 people reached out to the National Debt Helpline (NDH), a 12 per cent increase on the year prior.
Meanwhile, website visits to the NDH climbed by 32 per cent over the year, reaching a total of 647,000.
According to Financial Counselling Australia (FCA) CEO Peter Gartlan, these statistics highlighted just how many people are struggling to keep on top of debt.
“The increase in people coming to the NDH for help shows how difficult it is for many people at the moment. Cost of living pressures are mounting and having a significant impact on the financial…