A new report has found young people here in the far north and across the nation are struggling financially from a rise in schemes such as - buy now, pay later

Press/Media: Article/Feature

Description

A new report has found young people here in the far north and across the nation are struggling financially from a rise in schemes such as - buy now, pay later. According to monash university - around 76 per cent of 18 to 24 year olds who experienced financial difficulties were more likely to use it.
Period8 Nov 2022

Media coverage

1

Media coverage

  • TitleA new report has found young people here in the far north and across the nation are struggling financially from a rise in schemes such as - buy now, pay later
    Degree of recognitionRegional
    Media name/outletTEN Cairns
    Media typeTelevision
    Duration/Length/Size10 mins
    Country/TerritoryAustralia
    Date8/11/22
    DescriptionA new report has found young people here in the far north and across the nation are struggling financially from a rise in schemes such as - buy now, pay later. According to monash university - around 76 per cent of 18 to 24 year olds who experienced financial difficulties were more likely to use it.

    PersonsBeatriz Gallo Cordoba, Lucas Walsh, Cathy Waite, Blake Cutler, Masha Mikola
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Keywords

  • BNPL
  • Young Australians
  • Young people
  • Personal finances
  • Debt

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