‘WHAT ELSE CAN I DO?’: Customer loses $2.6m, bank sues her
Warning: Distressing. She thought the worst thing would be scammed out of $2.6 million. But it was just the beginning of her six-year long ordeal.
Costs
‘National emergency’: ‘Fixation’ costs Aussies
Members of Australia’s largest food distributor have slammed the Albanese government for “putting their eggs in one basket”.
‘It’s everything’: Man’s house deposit gone
A Melbourne man thought he had overcome his biggest hurdle in buying his first home. But what happened next has left him traumatised and lost.
Grim truth about Aussie rate cut
Mortgage holders need more than one rate cut to start feeling relief, with only about 53,000 Aussies likely to move away from “at risk” should the RBA cut rates in February.
Proof of how far off target Australia is
Australia remains behind its ambitious target of 1.2 million new homes by 2029 despite a bounce in new housing approvals in December.
‘Shocking’: Council moves to hike rates 111pc
Sydney residents are facing an “appalling” rate rise of 111 per cent to help pay off $51 million for a botched project.
‘Serious risk’: Aussie’s bank warning
An Aussie man called his bank while scammers were still on the phone to him, draining his life savings. But what the bank did next left him appalled.
Major bank’s huge interest rate move
One of the big four banks has made a major call ahead of any Reserve Bank of Australia decision to cut the cash rate.
‘Blatantly stacked’: Money crisis to hit
Alarm bells have been sounded that a huge problem will continue to cause immense harm and drain billions of dollars from everyday Australians.
How Temu took down Aussie pioneer
International retailers are drawing consumers in by offering cheap products and low shipping costs, but their meteoric rise is coming at the expense of local businesses.
‘Ludicrous’: Couple’s horror rates reality
It’s already a billion dollar problem in Australia but experts are warning an “avalanche” is coming and people aren’t protected.
Banks issue warning to scammers
The Australian Banking Association said the county can aspire to be one of the most scam-free countries in the world.
‘Ordinary’ Aussie dad’s insane double life
He’s a seemingly ordinary Aussie dad but as soon as he gets home from his 9-5, he begins his second job – catching scammers.
‘Disgusted’: Bank’s 40c ‘joke’ to customer
The Queenslander thought it was strange she couldn’t log into her bank account. Then she realised it was the result of scammers.
How young Aussies can get $1321 boost
Applications are now open for young Aussies to get a tax-free $1321 cash boost, but there’s a catch.
Bloated council pays 111 staff $25 million
Eye-watering salaries at a council where the CEO earns nearly as much as the PM have been slammed after a vote to raise rates by 40pc.
Glimmer of hope for Aussie renters
Australia’s rental crisis may have peaked as advertised rents growth slows, but tenants are likely still feeling the brunt of cost-of-living pressures.
‘Failing’: Banks hit out at Meta
Banks and social media giants are locked in a battle over how to protect Australian consumers from scams.
21yo who works full-time as a scammer
Scammers are seen as faceless, evil people who make Aussie lives a living hell. We decided to track down a scammer, and this is why he does it. Listen to the call.
Outrage as council votes to raise rates 40pc
One of Sydney’s largest councils faced a furious backlash after voting to raise rates by 40 per cent. But it’s what they did beforehand that has residents fuming.
‘Idiots!’: Bank’s brutal decision slammed
At the moment heartbroken Australians need their bank the most, a devastating reality is forced upon them – and people have had enough.
Text message that left Aussie ‘disgusted’
An Aussie man has been left “disgusted” after a text message he thought would help him resulted in a devastating outcome.
Leaked texts reveal chilling issue
An Aussie woman was left terrified when her phone kept ringing and text messages wouldn’t stop – and the reason was chilling.
Why Australia is a global laughing stock
It is a scourge costing Australians billions of dollars a year. A news.com.au investigation has found in most cases scammers could have been stopped.
Impossible choice for Aussie families
Australian families are being forced to choose between necessities for their kids’ education or the family home.
‘It could happen to you, and probably is’
Tragedy has struck one Victorian family far too many times. But another heartbreaking blow has left this grandfather in tears daily.
8-minute scam destroys Aussie family
They went to bed believing they had saved their money. Instead, the scammers had all the time they needed.
WFH nearly cost this man $30k in seconds
An Australian man is counting himself lucky after stopping scammers from stealing his life savings because of one simple decision he made that morning.
Couple lose $250k deposit in ‘horrific’ scam
They thought they were becoming homeowners – but instead they basically became homeless and destitute in the blink of an eye.
Aussie dad loses everything in cruel job scam
The opportunity seemed like a good way to make some cash on the side. But it was soon taking up all his time — and money.
Staggering twist as scammer sues victim
Fed up with police, this scam victim tried to take matters into her own hands. But that’s when the real nightmare began.
Huge number of Aussies needing a rate cut
A huge number of Aussie households have said they are desperately needing a rate cut when the Reserve Bank next meets.
‘Kick into action’ warning over housing fail
Australia has already fallen behind its newly created housing target, and if things don’t improve dramatically, the shortfall will be staggering.
‘Sickening’: Family lost $1.1m in huge scam
Cyndy’s family lost $1.1 million to scammers. But she was shocked to uncover how Australia’s big four banks had facilitated the crime.
Truth about Aussie shoppers revealed
Record deliveries from Australia Post in the past two months have revealed some essential truths about the average Aussie shopper and what they want.
Oz Lotto skyrockets to $70m
The Oz Lotto draw has ballooned even further after no division one winners were announced in Tuesday night’s draw.
State’s push for fuel price cap
One Aussie state is pushing for a major shakeup to pricing at the bowser – including 24-hour caps on fuel prices and mandatory reporting from retailers.
Why Young Aussies are fleeing country
Fed-up by the high cost of living and soaring house prices, working-aged Australians are increasingly looking for cheaper alternatives.
Aussies face $165K super bombshell
Aussies could be $165,000 worse-off in retirement if a proposed change to superannuation guarantee is given the go ahead, the peak union body warns.
Call to scrap fees costing Aussies $960m
As Australians deal with cost-of-living pressures, these unpopular fees are collectively setting families back hundreds of millions of dollars per year.
Health funds told to try again on premiums
Private health insurers have been told to “sharpen their pencils” and provide a more “reasonable” price hike which will come into effect on April 1.
Insane cost just to send your kid to school
The cost of living crisis is extending to schools, with households making a number of sacrifices to send the kids back to school.
Virgin Australia announces $49 flight sale
The major airline has slashed more than 800,000 fares on summer favourites, including Bali, Fiji and Hamilton Island.
Everyday item pollies are talking about
The price of an Aussie staple is a hot topic in Canberra as Labor and the Coalition gear up for an election dominated by cost of living.
‘Staggered’: Major catch for Aussie rate cut
With thousands of Aussie homeowners buckling under the weight of hefty repayments and the cost of living crisis, a financial expert has laid out his best tips going into 2025.
The news homeowners have been waiting for
Another major bank says a February rate cut is on the cards, with ANZ making a big change to its expectation of when Aussie mortgage holders will get a reprieve.
Cash boost for millions of Aussies
New data has revealed the boost to Aussie wages, with a worker on the median wage now earning more than $2000 extra a year.
What Aussies bought on Black Friday
Strong car sales, cinematic hits and Black Friday bargains contributed to Aussies spending up big in November.
Glimmer of hope for Aussie renters
The rental crisis in Australia is finally showing signs of easing, as advertised prices stall for the first time in three years, according to new research.
Elite school that costs $52k to attend
Independent high schools across the country have announced record high fees for 2025, and their budgets stand in stark contrast to public schools.
Cost of Aussies’ 2025 grocery shop revealed
Just how much extra Aussie families will pay to put food on the table this year has been revealed as cost-of-living pressures continue to bite.
‘Darker purpose’: Big claim on $2.50 cash fee
An Australian bank has been slammed for “cash grabbing” after launching a controversial $2.50 fee for customers accessing their own money.
Family’s nightmare after 28-hour fire
A family estimates they lost products worth hundreds of thousands of dollars when a fierce blaze destroyed their business on New Year’s Eve.
Fresh blow to Albo’s ambitious scheme
A dramatic fall in new building approvals just as the market looked to turn a corner has cast more doubt on Anthony Albanese’s housing target.
Eye-watering cost of Christmas revealed
A staggering number of Aussies will be paying off their credit card debts for at least six months after relying on their credit cards to get through the holiday season.
‘Spin’: Grim warning for Aussie wallets
The cost of living may not go down anytime soon, the Coalition is warning as politicians gear up for this year’s crucial federal election.
How rogue cabbies ripping off Aussies
Some rogue cab drivers are getting away with fraudulent transactions, using a simple trick to get more money out of everyday Aussies.
Qantas running late behind global rivals
Airline punctuality rankings for 2024 show Qantas is falling behind the other global national carriers.
‘European’ shopping method goes viral
Social media users have gone wild for what has been branded the “European” method when shopping for their groceries.
Petrol boss hits back on price claims
Following calls for a fuel price inquiry, the petroleum marketers’ boss has explained why Aussies are getting slugged at the bowser.
Sneaky New Year’s ‘trap’ snaring Aussies
Australians making moves to manifest their New Year’s resolutions have been told to watch out for “traps” which have been slammed as “un-Australian”.
Key thing cash-strapped Aussies ditching
As mounting cost of living pressures put more strain on budgets, cash-strapped Aussies are cutting back on little luxuries just to save a bit more.
Cash boost for millions of Aussies from today
A tranche of cost of living measures will kick in today, with millions to see the change in their bank accounts within days. Here’s how you’re affected.
Why Woolworths could owe you money
Supermarket giant Woolworths is refunding customers who were overcharged as a result of a third-party error.
Simple act to save $238 on your bills
Aussies are being urged to switch energy providers with their loyalty likely costing them hundreds per year.
Aussies hit by ‘artificially inflated’ fuel prices
Competition and the free market has not reduced petrol prices in Australia’s largest cities, the NRMA finds.
Sliver of hope for Aussie homebuyers
House prices are expected to rise yet again in 2025 – but there could be a brief window of hope for those looking to crack the market.
Cafe owner defends unpopular cost
A cafe owner has been forced to defend a reviled price increase amid backlash from Aussies over the holiday period.
Major Aussie airline drops $49 flights
One major Aussie airline has dropped $49 flights in an insane Boxing Day sale – but travellers will need to be quick to snap up the latest deals.
Beloved Sydney reverend’s shock revelation
Reverend Bill Crews says many people who used to donate to his charity are now putting their hands up for help, as thousands sought a free meal on Christmas Day.
What cost of living will look like in 2025
Aussies doing it tough with the rising cost of living could receive some much-needed relief in 2025, according to a slew of new predictions.
RBA’s major clue on next rates decision
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
Major change to Aussie cash revealed
A major change to Aussie cash could be on the cards – which would essentially keep cash in the Australian system despite the dominance of card payments.
If you get this text, do not respond
An estranged Aussie mum hadn’t spoken to her son in years when she embraced him back into her life — but one question she asked revealed a chilling problem.
Common items secretly costing you hundreds
A few small lifestyle changes could save Aussies hundreds of dollars on their power bills this festive season, a leading electrical expert has revealed.
Huge benefit 14m Aussies have weeks to get
Millions of Aussies are rushing to make appointments so they can claim extras from their health insurance before the December 31 cut off.
How much petrol will cost you over Xmas
Aussie drivers have been warned that fuel prices are expected to rise ahead of the Christmas period. Here’s how much you’re likely to pay in your state.
ATO text making Aussies very angry
Aussies have taken to social media to share their thoughts, feelings, and big concerns about the refund they’ve just received from the government.
‘$1000’: Kiwi dad cries at Aussie supermarket
A father of three who recently relocated his family has admitted he got a little emotional after checking the receipt of his last Aldi shop.
Habit 270,000 Aussies have now dropped
It was something many Aussies used to not even think twice about doing, now new research has revealed the impact the past decade has had on one specific habit.
Original URL: https://www.news.com.au/finance/money/costs