The cost of living crisis is still here - and the spending habits of seven million Commonwealth Bank customers show just how hard it's hitting households and businesses.

Wade Tubman is Head of Innovation and Analytics at CommBank iQ - a joint venture between Commonwealth Bank and data company Quantium. Wade talks to Sean Aylmer about the CommBank iQ Cost of Living report, how spending has changed over the last year, where consumers are cutting back, and whether there's any good news on the way.