[chill] Much ado about nothing. The living cost is ever increasing is mainly the drive in the amount owed in credit card debt. I think most people including young people of australia are more financially savvy these days. Look how many people choose to salary sacrifice and use their credit card to maximise the benefit of having one. Otherwise, how do you think the RBA put hold on interest rate increase this time? Many people are not spending as much money because they want to but because they have to. The oil prices and festive season are to blame.