FOLLOWING an alarming housing crisis and inflation, a leading economist warned that Australia is set for an economic and humanitarian disaster.
Millions of people are struggling to save money due to inflation.
Ordinary citizens are finding it more difficult to cope with rising daily costs and rent, especially in large cities.
Hard-earned life savings are being rapidly depleted by the burden of a mortgage.
Two-thirds of Aussies are experiencing housing stress, based on a survey from the Everybody’s Home campaign.
According to the Australian Automobile Association’s Transport Affordability Index, households are facing increasing budget pressure as car travel and transport costs increased to three times the inflation rate.
