The single issue that will hold the NSW economy back in 2024

When Sydneysiders are asked what worries them most, there are normally all sorts of responses ranging from the economy to health care, housing, the environment, crime and even petrol prices. But in 2023, a single anxiety came to dominate: the cost of living . The cost-of-living crunch has affected spending patterns. Credit: Dion Georgopoulos Survey after survey showed households felt they were going backwards financially due to the combined pressures of high inflation and rising interest rates. A Resolve Political Monitor survey , published by this masthead last month, found 60 per cent of voters did not think their income had kept…