Why are some Australians resorting to petty crime? Shocking ‘desperate’ measures reveal the reality of the cost of living crisis
The high cost of housing, groceries, and petrol, coupled with the high inflation rate reached last year, has left many in financial turmoil.
But a new survey conducted by Finder has revealed shocking statistics that show a number of Australians are now resorting to desperate measures to make ends meet.
According to the research, one in eight Australians (2.4 million people) have admitted to participating in petty crime in the last 12 months.
The survey also found that the most common form of petty crime was stealing at the supermarket self-checkout, with 5 per cent of respondents admitting they had done so.
This was followed by cheating the machines, where 4 per cent of the respondents scanned cheaper items and bagged expensive ones.
‘That’s 811,000 people who purposely scanned cheaper items such as an onion but bagged a more expensive one such as an avocado,’ the research revealed.
The petty crimes are not confined to supermarkets either. Of those surveyed, 4 per cent said they drove away from the petrol station without paying.
The average price of Unleaded 95 petrol has risen from 180 cents to 217.6 cents in the past four months.
Moreover, 2 per cent of people (roughly around 400,000 Australians) admitted to leaving the restaurant without paying their bill.
The research paints a worrying picture for those living on the tightest of budgets, with Sarah Megginson, Finder Money Expert, warning that Australians are at a 'breaking point'.
'The research really shows just how much people are struggling and turning to things that they probably never could have imagined in the past,' she said.
She added: ‘It really speaks to the fact that people are struggling and the financial counselling hotlines and support services are seeing a totally new demographic come through, people who would have been classed as middle-class Australians who have never needed the services before have just been completely caught out by the last 12 months.’
Ms Megginson added that the high cost of housing is a huge part of the issue for every Australian, with record-breaking interest rates for homeowners and a tight market for renters.
In the past 18 months, the Reserve Bank of Australia lifted the cash rate 12 times higher. Interest rates soared from 0.10 to 4.10 in less than two years.
Renters, on the other hand, had to pay an average of $551 per week for a home. For example, according to PropTrack, rents in Sydney have increased by 18 per cent in the past year.
Unfortunately, this is only the beginning. The financial expert said the worst is yet to come to many Australian households.
‘We haven‘t seen the bankruptcies yet, but I think there’s a big “yet” around that. I think we’ve yet to see the full brunt of what the last 12 months has done to people because it was just such a fast and unexpected turnaround,’ Ms Megginson explained.
‘I think we’ll be looking at more bankruptcies and people realising that they’ve been holding out as long as they can...but people can only hold on for so long,’ she continued.
Ms Megginson shared that people might see these petty crimes as a quick fix for their financial situation, but she emphasised that resorting to them is not worth the risk.
Instead, she gave some advice for those feeling the cost-of-living pressure.
‘If you’re in that position, first reach out to a financial debt helpline, they can help you, they look at your overall financial position and can help you with things like restructuring your debt or debt forgiveness,’ she said.
‘They can help you with a budget and just look at your overall financial position and help you improve it,’ Ms Megginson added.
She also advised homeowners to inform their bank if they’re under financial stress immediately. She believed financial institutions are harder for customers who fall behind on payments.
‘Once you’re officially delinquent, once you fall behind on your payments, the options of what they can do for you change because you’re in a different system,’ she explained.
At the SDC, we urge all our members to take advantage of the assistance and advice available: contact your local food bank, a debt helpline, or another financial service to help ease the burden and give you options to improve your financial situation.
Stealing from shops and restaurants may seem like an easy fix, but it could lead to serious legal trouble.
The penalties for theft in Australia may include jail sentences, court fines, and a criminal record, depending on the degree. This could do much more damage to your family and lifestyle than just going without.
Struggling to make ends meet is always a difficult situation to grapple with, but remember, you are not alone. Reaching out for help is never a bad thing, so be sure to take advantage of the help available.
What’s your take on this story, members? Share your thoughts in the comments below!
But a new survey conducted by Finder has revealed shocking statistics that show a number of Australians are now resorting to desperate measures to make ends meet.
According to the research, one in eight Australians (2.4 million people) have admitted to participating in petty crime in the last 12 months.
The survey also found that the most common form of petty crime was stealing at the supermarket self-checkout, with 5 per cent of respondents admitting they had done so.
This was followed by cheating the machines, where 4 per cent of the respondents scanned cheaper items and bagged expensive ones.
‘That’s 811,000 people who purposely scanned cheaper items such as an onion but bagged a more expensive one such as an avocado,’ the research revealed.
The petty crimes are not confined to supermarkets either. Of those surveyed, 4 per cent said they drove away from the petrol station without paying.
The average price of Unleaded 95 petrol has risen from 180 cents to 217.6 cents in the past four months.
Moreover, 2 per cent of people (roughly around 400,000 Australians) admitted to leaving the restaurant without paying their bill.
The research paints a worrying picture for those living on the tightest of budgets, with Sarah Megginson, Finder Money Expert, warning that Australians are at a 'breaking point'.
'The research really shows just how much people are struggling and turning to things that they probably never could have imagined in the past,' she said.
She added: ‘It really speaks to the fact that people are struggling and the financial counselling hotlines and support services are seeing a totally new demographic come through, people who would have been classed as middle-class Australians who have never needed the services before have just been completely caught out by the last 12 months.’
Ms Megginson added that the high cost of housing is a huge part of the issue for every Australian, with record-breaking interest rates for homeowners and a tight market for renters.
In the past 18 months, the Reserve Bank of Australia lifted the cash rate 12 times higher. Interest rates soared from 0.10 to 4.10 in less than two years.
Renters, on the other hand, had to pay an average of $551 per week for a home. For example, according to PropTrack, rents in Sydney have increased by 18 per cent in the past year.
Unfortunately, this is only the beginning. The financial expert said the worst is yet to come to many Australian households.
‘We haven‘t seen the bankruptcies yet, but I think there’s a big “yet” around that. I think we’ve yet to see the full brunt of what the last 12 months has done to people because it was just such a fast and unexpected turnaround,’ Ms Megginson explained.
‘I think we’ll be looking at more bankruptcies and people realising that they’ve been holding out as long as they can...but people can only hold on for so long,’ she continued.
Ms Megginson shared that people might see these petty crimes as a quick fix for their financial situation, but she emphasised that resorting to them is not worth the risk.
Instead, she gave some advice for those feeling the cost-of-living pressure.
‘If you’re in that position, first reach out to a financial debt helpline, they can help you, they look at your overall financial position and can help you with things like restructuring your debt or debt forgiveness,’ she said.
‘They can help you with a budget and just look at your overall financial position and help you improve it,’ Ms Megginson added.
She also advised homeowners to inform their bank if they’re under financial stress immediately. She believed financial institutions are harder for customers who fall behind on payments.
‘Once you’re officially delinquent, once you fall behind on your payments, the options of what they can do for you change because you’re in a different system,’ she explained.
Key Takeaways
- One in eight Australians has admitted to stealing in the past year, according to a survey conducted by Finder, which suggests 2.4 million Australians have resorted to petty crimes due to the cost of living crisis.
- Five per cent of Australians admitted to stealing at the supermarket self-checkout, with some intentionally mis-scanning items to pay lower prices.
- Rising inflation and high housing costs have been identified as critical factors pushing Australians towards financial breaking point.
- Sarah Megginson, a Money Expert from Finder, urged those struggling financially to seek help through avenues such as a financial debt helpline and suggested homeowners communicate with their banks early if they anticipate financial stress.
At the SDC, we urge all our members to take advantage of the assistance and advice available: contact your local food bank, a debt helpline, or another financial service to help ease the burden and give you options to improve your financial situation.
Stealing from shops and restaurants may seem like an easy fix, but it could lead to serious legal trouble.
The penalties for theft in Australia may include jail sentences, court fines, and a criminal record, depending on the degree. This could do much more damage to your family and lifestyle than just going without.
Struggling to make ends meet is always a difficult situation to grapple with, but remember, you are not alone. Reaching out for help is never a bad thing, so be sure to take advantage of the help available.
What’s your take on this story, members? Share your thoughts in the comments below!