Research from Finder reveals that soaring airfares and rising living costs have made overseas travel unaffordable for one in three Australians. The survey of 1,079 respondents found that only around a quarter of Australians can now afford to travel for a holiday, with many cutting back on spending to make it possible. According to Finder’s travel insurance expert James Martin, the rising cost of living is affecting everything from groceries to petrol, and flights are no exception. He advises people to plan overseas holidays five years in advance and not to travel without overseas travel insurance. Gabby Walters, an Associate Professor in tourism at the University of Queensland, explained that fuel costs and airlines’ recovery from the COVID-19 pandemic are underlying reasons for soaring flight ticket prices.