Aussies choose savings over splurging with tax refunds

Australians are taking a more conservative approach to their tax refunds this year, with three in ten already planning how to spend the money before it arrives. Research from ING shows 34% are topping up general savings, 24% are covering everyday essentials amid rising cost of living pressures, and 23% are building emergency funds. This represents a significant shift away from discretionary spending on treats and luxuries seen in previous years.See omnystudio.com/listener for privacy information.