Navigating the Cost-of-Living Crisis — How Launtel & Monoova are helping Australians stay connected
Australia is facing a growing cost-of-living crisis. Nationwide, millions of households and businesses are experiencing mounting financial pressures. The Australian Bureau of Statistics (ABS) showed employee living costs last year soared by four per cent in 20241. Notably, the June 2024 quarter was the first time since December 2010 that increases in living costs for all household types were higher than the increase in the CPI2. From housing and groceries to essential utilities like internet services, rising costs are making it harder for Australians to keep up.
This whitepaper will discuss how Launtel and Monoova is making a difference to keep Australian stay connected.
About Monoova
Monoova is a leading provider of intelligent payment solutions, helping businesses optimise their payment processes, enhance customer experiences, and scale efficiently. Visit www.monoova.com or read Monoova’s PDS/FSG to find out more about our payment solutions and services.