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Australians Seek Financial Guidance on Social Media Amid Cost of Living Pressures

The Shift Towards Online Financial Advice and Its Implications

Australians Seek Financial Guidance on Social Media Amid Cost of Living Pressures?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

As the cost of living continues to rise across Australia, many individuals are turning to social media platforms for financial advice.
This trend has sparked concerns among financial experts about the reliability and accuracy of the information being disseminated online.

Published:Tuesday, 25th Nov 2025
Author: Paige Estritori

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Knowledgebase
Inflation:
The rate at which the general level of prices for goods and services rises, eroding purchasing power.