Australians 'concerned' over gas prices

Large numbers of Australians are trying to reduce their electricity and gas prices in a bid to lower their outgoings, new research shows.

The Nielsen Global Survey found that people's two major worries at the moment are utility bills and the economy, although Australia still topped the list of the most optimistic developed nations.

More than two-thirds (70 per cent) of those polled said they are cutting back on their use of household energy, while 61 per cent have switched to cheaper grocery brands to save money.

Chris Percy, managing director of Nielsen Pacific, said: "When it comes to people's two major concerns, these remain the same around utility bills and the economy.

"Interestingly, concerns around food and fuel prices dropped when compared to the previous quarter, which could partly be due to pricing activity from the major retailers."

Mobile users are being encouraged to head to Woolworths' new virtual supermarket, which is located at Town Hall station in Sydney.

They can add virtual items to their basket using their mobile phone, before having them delivered to their home address.

Posted by Callum Fleming