The Latest Breaking News from Deb Shroot

Credit card debt spikes as Aussies struggle to pay bills

Australians grappling with the cost-of-living crisis are increasingly turning to credit cards to survive, with overdue bills soaring in 2023.

The New Daily · May 4, 2023

Five tips to help pull yourself out of a debt spiral

If you've found yourself sinking in debt-filled quicksand, find out what you can do to help drag yourself out.

The New Daily · Apr 12, 2023

Australia’s looming mortgage stress crisis: what the nine interest rate rises mean for households

A quarter are thought to be in mortgage stress already, and another 800,000 face steep rises this year as fixed-term loans end. Experts discuss ways to cope

The Guardian - AU · Feb 11, 2023

Rising cost of living dragging Canberrans below poverty line in what many call Australia's most affluent city

Service providers in the ACT fear more Canberrans cannot meet basic living costs, challenging perceptions of Canberra as a rich city.

ABC News · May 16, 2022

'Buy now pay later' schemes cause further risk due to increased cost of living

More than 100 organisations are calling on the next federal government to put regulations on 'buy now pay later' schemes as cost of living pressures make people more vulnerable.

The Canberra Times · May 11, 2022