As the cost of living began rising in Australia in 2021, Amber Daines and her family decided to rent out their three-bedroom residence in Sydney and buy a cheaper house about an hour up the coast, ...

Around one in five households is now multigenerational, with more Aussies responding to the cost of living crisis by returning to the safety of family homes.

The treasurer says the recovery in real incomes proves the worst of cost-of-living pressures is in the past, but economists expect growth to return to a crawl.

Recent economic data point to the intensifying financial pressures being deliberately applied to working-class households by the Reserve Bank of Australia (RBA) and the Albanese Labor government.

Data released last week shows that the cost-of-living crisis is having a devastating impact on financially-stressed working-class households in Australia, amid rising job losses and signs of recession ...