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Flat White

Welcome to recession – with a ticking personal debt bomb

4 June 2020

5:00 AM

4 June 2020

5:00 AM

My family migrated to Australia in the 1950s with barely enough cash to bless themselves. Such is the story of most migrant families who steadily streamed into Australia after WWII. And trust me, they didn’t migrate here for the cuisine. They came with a desire to work hard in anticipation of economic opportunities and the chance of a better life far from wartorn Europe. 

Fast forward 60 years and most of those migrant families have done quite well for themselves.

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