Cost of living? We should be more concerned about something else

Consumer confidence in Australia has plummeted amid rising living costs, driven largely by the war in Iran. Despite this, unemployment remains at a record low, with more Australians employed than ever. Analysts suggest that the Liberal Party faces a significant threat from the rising popularity of smaller parties like Pauline Hanson’s One Nation amid voter discontent.

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Summary by Glance · Original reporting by The Age