It’s incredibly cliched, I know, but in Australia right now, it’s true: the rich are getting richer, and the poor well, you know the rest.
We’re talking credit card debt, and mortgage repayments. But those bills are becoming harder and harder to meet as the price of gas and electricity rises, and wages continue to grow at a snail’s pace.
It’s actually quite heartbreaking to witness.
Why do I say that?
Well I recently spent some time at the Australian headquarters of the National Debt Helpline in Sydney’s Surry Hills. It was my second visit in as many months.
Given this is pretty much one of the last places many Australians turn to in a state …
Read the full article at: http://www.abc.net.au/news/2017-04-05/australias-household-debt-crisis-is-worse-than-ever/8413612
