How long could your household survive if your income suddenly stopped tomorrow? Following the Reserve Bank's decision to lift the official cash rate to 4.85 per cent, brand-new survey data reveals that Australian household budgets are stretched to a dangerous tipping point.

In this episode, we speak with AMP Bank CEO Sean O'Malley to unpack shocking research showing that 17 per cent of Australians—roughly one in six—have less than a single week’s worth of emergency savings left. We break down which age groups are falling behind, how to talk to your bank if mortgage stress hits, and practical ways to start building a financial safety net when essential bills are eating every dollar.