Okay, so things ARE very difficult financially at the moment. We know, as we are paying off a mortgage and living on one income, and just got a bill (in the thousands) from the tax office for something that our (soon-to-be-former) accountants forgot to include years ago back when I was actually working. That said, we are coping.
However, I have a sneaking suspicion that the media is feeding off this situation, whipping up panic just to gain more readers. This has to be the most dramatic headline that I have seen in a long time:
"Aussies reeling in financial doom"
Seriously, what?? Do headlines like this help or inform people? I think they just make everybody feel a hell of a lot worse. Sometimes I think some journalists should quit their day jobs and go back to writing scripts for bad action movies. We would all be happier.