Household debt escalates as Victorian struggle to pay bills
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Household debt has skyrocketed since the start of the pandemic, with Victorians now owing more than $103 million to gas and electricity retailers for unpaid bills.
Debt has risen by 35 per cent since April 2020, according to new data from the Essential Services Commission that highlights the perilous financial state many Victorians find themselves in.
Jen has fallen behind on her utility bills and fears she will be evicted soon.
Credit:Chris Hopkins
More than 288,000 Victorians have fallen behind on their electricity bills and are not receiving any help, while around 55,000 struggling households are receiving payment assistance from electricity retailers.