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ABC News
ABC News
Business
business reporter Stephanie Chalmers

Why Australian households are divided when it comes to financial pressure, and economists are divided on the outlook

At the lunchtime rush hour, a major Sydney city shopping strip is far from deserted, with plenty of people filling the mall — but not all have shopping bags in their hands.

When ABC News asked people whether they were cutting back or continuing to spend, their answers greatly varied.

"We're on the pension but we're doing OK," an older woman eating her lunch said.

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