As the cost of living bites, the majority of Australians are worried about how they will afford Christmas this year, with 3.9 million people concerned about their children missing out on presents, according to a new survey.
It follows a challenging year that has included record-high inflation, an unprecedented eighth interest rate rise in as many months and devastating natural disasters.
In a research of the general public by the Salvation Army released on Dec. 8, over half of Australians (52 percent) are more stressed about their finances this year compared to last year, while 31 percent are more concerned about paying for Christmas expenses this year….