Why Aussies are feeling inflation shock
Australia’s central bank has pointed to a theory as to why our high inflation feels like it is dragging on, and on, and on and on.
Costs
Albo vows end to ‘subscription traps’
The proposed laws put businesses attempting to take advantage of customers through hidden fees and subscription traps have been put on notice.
‘Fiddling’: Surcharge crackdown lashed
A crackdown on card surcharges has been criticised as “fiddling around the edges while Rome burns”.
Worst spot for EVs revealed
Home of fake tan, jet skis and beachfront high rises, one Australian region has been named the best for EVs in the country.
‘Exploded’: $130k scam breaks up family
An Australian teacher is warning about the simple trick he fell for that broke up his entire family.
Aussie city smashed by $18k rent hike
A new report has revealed the insane amount of money rent has increased across Australia’s capital cities since the pandemic.
Aussies picking up items on side of road
The fresh research comes after 80 per cent of Aussie households reported experiencing cost of living pressure.
Sign we’re underestimating young Aussies
Gen Z is sometimes written off as a “live-for-the-day” generation, but a surprising new trend shows they’re a lot more savvy.
‘Feel sick’: Moment 34yo lost $120,000
It is everyone’s worst nightmare to lose a considerable amount of money, but for Soph Allen, it came true and left her feeling sick.
TimTam question Coles, Woolies can’t answer
Coles and Woolworths senior executives have dodged questions on why a packet of TimTams is cheaper in the UK than it is in Australia.
Push to axe sneaky fee costing Aussies $4bn
A Sydney MP is pushing for an overhaul of 20-year-old regulations that cost Aussies billions of dollars every year.
Major bank’s huge move on cash
One of Australia’s major banks has cut against the grain in the age of digital wallets and will no longer offer a key service, claiming declining interest.
Aussie singer caught in devastating hack
When an Australian singer’s phone was blowing up, little did she know she would lose money and have no where to go for help.
UK move putting Australia to shame
A billion dollar problem is seeing Australians preyed on and the lack of action is startling.
200 new suburbs hit in house price chaos
Australia’s relentless house price growth has pushed a sweep of new suburbs into the million-dollar value club. Here are the new elite members.
Aussies’ private information sold for profit
Australians’ private information is being shared hundreds of times a day with online advertisers who resell and distribute it to unknown parties, putting people at risk of targeted scams.
Big bank pays out $85m in car loan fiasco
One of Australia’s biggest banks has agreed to a whopping $85 million settlement over an alleged car loan fiasco.
Fresh blow for Coles, Woolies over discounts
Coles and Woolworths are facing a new class action headache over allegations they promoted specially-marked products with false discounts.
Why bank may have to pay you hundreds
Nearly two million Aussies could soon receive hundreds of dollars after multiple major banks were ordered to issue more than $28m in refunds.
Struggling restaurants get surprising lifeline
The restaurant sector has been one of the hardest hit in recent times, but a new report has found fresh optimism for the industry as online delivery services help businesses stay afloat.
Dad’s death reveals major bank ‘injustice’
A major bank is under fire after two sons discovered an “injustice” after their parent’s death.
Aussies erupt over brutal cinema rule
A Gold Coast cinema is hitting back at furious critics of one of its strict policies that has divided customers and online reviews.
Massive job cuts hit Aussie insurance giant
A job cull is sweeping through one of Australia’s biggest insurance companies, even as the company rakes in big profits.
Record number of Aussie kids doing this
A major trend of the pandemic era and the cost of boarding schools has pushed these Australian numbers into record territory.
Surprising retirement reality for Gen Z Aussies
Millennials and Gen Z Aussies might be locked out of housing, but in one area of economic life they are in prime position.
‘Tough cop’: Albo’s ‘shrinkflation’ crackdown
A new phase of the supermarket crackdown is about to be rolled out, with Anthony Albanese saying Australians need “a tough cop on the beat”.
Shocking reason Aussies go into debt
Despite cost-of-living pressures, the average Aussie spends $1309 more than they can afford and the reason is tragic.
Big electricity plan for one Aussie state
Hot on the heels of promising state-owned petrol stations, one premier fighting for his job has made another huge pledge.
Staggering cost of cyber attacks revealed
The eye-watering cost of cyber attacks on small businesses across the country has been revealed, with one business owner revealing he was forced to start again.
Tiny detail that cost woman $800,000
The woman thought she was transferring money to buy a new house to a conveyerncer, but there was one tiny detail that was amiss.
Tradie earning $160k struggles to survive
A Brisbane tradie has taken the cost-of-living crisis to a new level, revealing he is working to survive despite earning a six-figure salary.
‘Dire straits’: Stark warning ahead of Christmas
Frontline services have issued a grim warning ahead of Christmas as more Australians than ever are in need of urgent support.
Fresh crackdown on ‘dodgy’ supermarkets
Australia’s supermarkets have been issued a fresh warning amid a major funding boost to help crackdown on “dodgy” price practices.
’Treated as fools’: PM’s take on grocery prices
The Prime Minister says “customers don’t deserve to be treated as fools” after the findings of the largest supermarket inquiry in 15 years.
What’s on in Melbourne this Friday
If you manage to dodge the supermarket rush this Friday public holiday in Melbourne, there is plenty to see and do around the city.
Cheapest basket of groceries in Oz revealed
A quarterly report into grocery prices has compared the cost of a basket of groceries from Coles, Woolworths, Aldi and IGA, with one chain clearly cheaper.
‘Not nearly enough’: Grim call on inflation
Inflation is coming down but experts are warning it isn’t yet time for Aussies to pop the champagne bottles to celebrate a rate cut.
Woolies CEO blasted by shopper
A fed-up shopper has confronted the CEO of Woolworths in a store in NSW, questioning how she can “sleep at night”.
Leaked messages reveal ‘devastating’ scam
Australian workers have been caught up in a chilling scam with a lot of money lost. Warning: Distressing
Grim figures expose Aussies’ struggle
Experts have issued a warning as shocking figures expose just how hard it is for Aussies to get ahead during the cost-of-living crisis.
Common item smashing Aussie wallets
Despite more EVs and people working from home, Australian fuel prices increased at double the rate of inflation in the 12 months to June.
One thing leaving Aussie companies on edge
Aussie brands have united to take on global retail behemoth Amazon in a four-day shopping event promising to save consumers big bucks.
‘Aussie Owned’: Mum calls for new food label
Aussies love supporting homegrown products, but one mum warns that the widely recognised “Australian Made” logo is not what it seems.
Shock pic exposes popular KFC item
A customer has taken to Facebook to vent about the fast food giant after making a huge discovery.
Aus beach plot selling for less than a car
A shock new listing has just gone up promising Aussies a slice of island paradise for the price of a car.
Grim warning on new pricing trend
A controversial ticket pricing system left punters fuming after Green Day shows went on sale, amid warnings the model could have a “ripple effect” on the industry.
Woman’s brazen $200k superannuation scam
A woman has been busted after she illegally accessed more than $200,000 in superannuation benefits in a bold scam.
Hidden loophole costing Aussies $4bn
An Aussie politician has hit out at a “loophole” that they say is milking cash out of everyday Aussies struggling through a cost-of-living crisis.
Expert’s huge call on Aussie interest rates
Leading Australian economists say the RBA will deliver a gift to cash-strapped households in February, but one key player is holding firm on a rate cut this year.
Huge cash boost for millions of Aussies
More than five million Aussies will get an increase to their fortnightly payments as of Friday – with some now set to pocket up to $41.50 every two weeks.
Huge new cash boost for millions of Aussies
New parents will score a superannuation boost from next year under legislation that just passed the Senate.
Massive ‘rort’ that ‘should be illegal’
Aussies are being slugged “ridiculous” fees on a daily basis – and according to Caleb Bond, it’s all part of a nasty “legal scam”.
Grim detail in Aussie mortgage snapshot
One mortgage group is outpacing owner-occupied loans at an astonishing pace, with one critic claiming the new figures show it’s easier for “hoarders” to own homes they don’t plan to live in.
Home truths Aussies may regret
An alarming number of Australians don’t prepare their homes for extreme weather, something they may regret given this forecast.
Gen Z millionaire’s wild weekly budget
A young Aussie half-billionaire has revealed exactly what he spends his hard-earned on every week.
200 Australians caught in ‘pyramid scheme’
Australian victims are speaking out about being “abused badly” and the “ridiculous” lies they have been fed, including one about $65 million.
Bank blames victim after scary $50k scam
A day before a West Australian man lost $50k, the power went out. It created the perfect storm for a scam that would “cripple” him.
Big new change in Aussie housing market
Looking to buy your first home? The latest auction results could signal an important change in Australia’s ‘unstoppable’ housing market.
‘Ignored’: Grim warning on rate hike crisis
Aussie homeowners have been smashed with interest rate pain for years now and a leading economist warns the stress isn’t going to end anytime soon.
Insane $10k bill racked up by 1000 Aussies
Nearly 1000 Aussies in one state are racking up yearly bills of $10,000 or more, with dozens hitting above $30,000, through one common act.
Surprising reason behind spending splurge
Economic activity jumped last month, but Australia’s biggest bank warns the frothy spending could be temporary.
Sneaky tactic sending you broke
It’s a seriously sneaky tactic used by countless companies around the world – and it’s partly to blame for our skyrocketing cost of living.
‘Punching itself in the face’: RBA cops heat
A former federal treasurer and current Labor Party national president has come out swinging against the Reserve Bank, saying the RBA is ‘punching itself in the face’.
Millionaire blasts ‘idiot’ workers’ coffee habit
A multi-millionaire and Shark Tank investor has blasted “idiot” workers for “pissing away” their money on a daily cup of coffee.
State’s worst rental suburbs revealed
There are small signs rents are coming down, but vacancy rates are still razor thin and there could not be any more “rental pain” in 12 NSW suburbs.
‘Sell homes’: RBA boss’s chilling rates call
The RBA boss has acknowledged the harsh realities of high interest rates on Aussie households, however she said it was required to quell inflation.
Banks, insurers ‘price gouging’ Aussies: union
The cost of managing your money, getting a loan, and insuring your possessions has gone up way more than the actual inflation rate in the past year.
‘Instant noodles’: Sad reality facing millions
Australian families are increasingly eating like “uni students” with “struggle meals” of instant noodles as cost-of-living pressures grow.
‘Next to surge’: Item you should buy up today
It’s an everyday item most of us used to chuck in our trolleys without thinking – but new data proves those days are long gone.
‘Woke’: Concerns over ‘far-left’ shift in Aus
An Australian lawyer and former refugee has challenged the ‘anti-woke’ arguments which are ‘destructive’ for society.
Warning over ‘rare’ coin selling for $9k
A $1 coin is selling for up to $9,000 online but an expert has issued a worrying warning.
‘Completely unjust’ new price hike from today
Aussies will be hit by a major price increase from today – and according to Caleb Bond, the reason behind it is “all smoke and mirrors”.
5.1m Aussies to get cash boost
About 5.1 million Australians receiving the pension and income support will see a boost of up to $42.40 in their fortnightly payments in mere weeks.
Aussies ‘fed up’ with Coles, Woolies profits
Shareholders in Coles and Woolworths are licking their lips, but the public is still stretching every dollar further at the checkout.
Big four bank bosses tip Feb rate cut
Two out of the four chief executives of Australia’s major banks have tipped an early-2025 cash rate cut.
45 houses unfinished as builder goes bust
Houses in one major city have been left unfinished as a builder that was serving a suspension is put into liquidation.
‘Legit’: Simple scam any Aussie could fall for
Seemingly innocent posts are seeing scammers net tens of thousands of dollars from everyday Aussies, and anyone could fall for it.
Aussie bank boss’ shock rates prediction
The Westpac Group boss believes the Reserve Bank will begin cutting rates from early next year, forecasting the figures rates will settle at.
‘Don’t do it!’: Renos that make your home harder to sell
There are certain types of home renovations should be avoided at all costs if you hope to sell your home at a later date.
Woman loses $57k in just 30 minutes
An Aussie woman has issued a warning after a scammer stole her life savings through what appears to be no fault of her own.
Original URL: https://www.news.com.au/finance/money/costs/page/11