AMP bank CEO reveals Australia is facing ‘highest level of financial stress’ in ten years

AMP bank CEO Sean O’Malley warns Australia’s current economic state reflects the “highest level of financial stress” in ten years.
Financial stress has reached an all-time high, causing older Australians to have ‘FORO’ which is also referred to as ‘fear of running out’.
“People are feeling stress right across the spectrum,” Mr O’Malley told Sky News Business Reporter Edward Boyd.
“This is the highest level of financial stress in ten years and only one in three Australians are feeling financially secure.”

[@sinikrap93]

*My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US. The government has really called things more difficult for its citizens and we can't sit back and bear all the consequences of the bad governance. We need to take our financial life serious.....I recommend stock market investment and digital currencies*

[@AlfredKekeli]

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[@carloseduardogarcia5880]

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[@diolatao8306]

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[@NathanReynolds-j4o]

All thanks to Miss Brenda Hiscock, she has always been there to guide me through with detailed analysis and recommendations that I wouldn't have access to otherwise.

[@g4w4ng]

Wow. I'm so excited seeing Miss Brenda Hiscock been mentioned here also. Didn't know she has been good to other people too, this is wonderful.

[@penbee9316]

Our politicians started selling Australia decades ago.

[@jule3480]

Gee, what changed, it’s like an election has consequences.

[@yowten8994]

Thanks Labor.

[@jjsc4396]

There were options to prevent what is now inevitable 📉 That goes WELL back to several governments ago of BOTH parties. FAR too late now. Your feckless governance is appalling.