Women and young people are among the nation's best savers and homeownership is still a top priority, according to a new study.
They may not have the same reputation as their peers, but it seems that members of the fairer sex and Gen Y are keen to get ahead when it comes to setting savings goals.
Bernie Lewis CEO Stefan Lipkiewicz was reflecting on a survey conducted by one of the lenders. The survey has found that the thought of buying a home was one of the main things driving people to be more conscientious about their spending habits.
Roughly 43 per cent of women and 31 per cent of men representing a cross-section of society said that they were putting extra aside each month to improve their chances of securing a new home loan at some stage in the future said, Stefan.
However most participants also thought it would be nice to go on a holiday in the not too distant future and were willing to make sacrifices so that they could achieve this goal.
Stefan said, it seems that Australians are employing slightly different methods when it comes to saving for the future, with women more likely to stop eating out or buying clothes and men choosing to cut back on alcohol.
Young people are considered to be the most determined savers, with 58 per cent of those under the age of 29 keen to meet their financial goals.
And while this was a nationwide study, the results are sure to reflect homebuyer attitudes in Adelaide where an increasing number of women and young people are quickly becoming the city's main investors in real estate.
