It’s the news we’ve all been waiting for: Australia’s cost-of-living squeeze is finally easing as fewer consumers report they are under acute financial stress and a growing share expect their household budgets to improve in the year ahead.

Cost-of-living pressures caused by elevated inflation and higher interest rates have been at the top of voters’ worry list for more than two years, opinion polls show.

A growing share of consumers expect their........

© The Sydney Morning Herald