‘We aren’t happy’: Australians ‘frustrated’ amid cost of living crisis

Sky News host Paul Murray says the cost of living crisis is causing more Australians to be “frustrated” and “discombobulated”. According to data released by Finder, credit card spending hit an all-time high of $35.5bn in January 2024. The report also found that four per cent of credit card holders had increased their limit to afford a more expensive lifestyle. “About half of the country believes we are headed in the wrong direction,” Mr Murray said. “Most people assume that to be the economy, but I think if we are being really honest it is about literally everything, it is about society, it is about values, a whole collection of things.”