Monash Research Outputs: 67
Mean Field Weighted Citation Impact (FWCI): 1.97
3 Year Rolling Mean FWCI: 1.97
The Australian Consumer and Retail Studies group at Monash Business School released its latest Cost of Living and Consumer Deviance Spotlight report, providing new insights on consumer behavior in response to the cost-of-living crisis, including changes in spending habits and the justification of deviant behaviors like retail theft.
The report found many Australians were offsetting increases to non-discretionary spending (e.g., housing, essential groceries, insurance) with decreases in discretionary spending (e.g., restaurant and takeaway meals, clothing, footwear and accessories) to meet the current costs of living. The findings also found consumers were pessimistic about their current and future personal finances, as well as expectations of future business conditions.

Further Relevant SDGs:
The 2023 Australian Youth Barometer, an annual survey of young Australians, revealed significant concerns about affordable housing, employment opportunities, and the adequacy of education in preparing them for the future. The survey, which is led by researchers in the Faculty of Education, highlighted the interconnectedness of housing, job security, and mental health among youth.
Further relevant SDGs: