Rising living costs and soaring airfares have left one in three Australians unable to afford to travel overseas.
New research by price comparison website Finder has found that only about a quarter of Australians can now afford to travel for a holiday, with many cutting back on spending in order to enjoy it.
The survey of 1,079 respondents revealed travelling abroad has become unaffordable for 37 percent of Australians–equivalent to 7.5 million people while travelling overseas is almost out of reach for 23 percent.
“The rising cost of living is impacting everything from groceries to petrol, and flights are no exception,” said Finder’s travel insurance expert James Martin….