How many CQ residents have no savings to fall back on? : vim

How many CQ residents have no savings to fall back on?


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A new study released by RACQ Bank revealed one in three Queenslanders were struggling financially and had no savings.
RACQ’s Financial Fears Survey also found one in four Queenslanders had their financial goals
affected by COVID-19 and almost 20 per cent would not set financial goals in 2021.
RACQ Bank spokesperson Lucinda Ross said the biggest concerns people with no savings had
were cost of living and paying bills.
“We know many Queenslanders are still feeling the financial impacts of COVID-19, so it’s not
surprising they’re struggling with saving and everyday expenses,” Ms Ross said.

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