Cash-strapped Aussies cutting back the most on groceries, eating out and clothing: Tracksuit

Cash-strapped consumers are cutting spending the most on groceries, eating out and clothing, according to data from brand tracking platform Tracksuit.

Its research found 65% of Australians are now spending less on groceries, while 60% have cut costs on eating out, while and 50% are spending less on clothing. The Tracksuit study also found those aged 18-34 are most likely to make cuts across all three categories.