Extra $20 a week could push Australians to the brink, reports say

Australian coverage says even a small extra cost could strain households, with consumer confidence reportedly falling faster than almost anywhere. SMH warns further rate rises risk tipping the economy over the edge.

Timeline

1. 19 Oct, 05:00 UTCFirst appeared on Google Trends
2. 19 Oct, 05:00 UTCNews.com.au runs 'extra $20' story
3. 19 Oct, 05:00 UTCAFR reports falling consumer confidence
4. 19 Oct, 05:47 UTCReached #1 on TrendHeat

Top sources

• australian economyGoogle Trends
• How extra $20 could send Aussies to the brinkNews.com.au
• Bad news for Aussies as financial pain tipped to linger for yearsNine.com.au
• 'Completely reversed': Why more Australian households are feeling miserableSBS
• Further rate rises risk tipping economy ‘over the edge’SMH.com.au
• Further rate rises risk tipping economy ‘over the edge’WAtoday