‘Broken up’: Wild price gouging penalty
Aussie grocery giants face being broken up or paying hefty fines for price gouging under a wild election proposal from one party.
Costs
One thing Aussies planning to ditch
Cash-strapped Aussies weighing up whether to maintain one expense have been tipped over the edge by the biggest price rise in seven years, a survey claims.
One thing driving retail sales in January
Australia’s love of sport has helped lift consumer spending for January as cost-of-living pressures ease.
‘Wow’: 28yo’s wedding budget sparks debate
A young Aussie shared how much her upcoming wedding is going to cost and, while some called it “realistic”, others were shocked at their budget.
Worrying sign for home buyers after rate cut
The Australian housing market has surged on the back of interest rate cuts, completely reversing a soft start to the year.
Millions of Aussies to get rate cut today
Rate relief for millions of Australians starts on Friday as the first of the big four banks finally pass on the RBA’s rate cut to mortgage holders.
Kochie’s warning as millions cop price hike
Money expert David Koch has issued a warning to millions of Aussies facing a price hike on their private health insurance.
Disturbing trend for Australia’s high earners
These Aussies are earning a good salary but there’s a dark secret they are hiding that is causing devastation.
130 scam websites a week taken down
Scammers are becoming increasingly sophisticated but the corporate watchdog is fighting back, taking down more than 130 scam websites a day.
How much your insurance bill will increase
About 15 million Australians will see an increase to their private health insurance premiums from April 1. Here’s how much they’ll rise by.
Aussie’s ‘shock’ at mortgage hell
A NSW man has been left in tears after facing a cruel reality when it comes to paying off his mortgage.
Bad news for back-to-back rate cuts
Mortgage holders hoping for back-to-back rate cuts have taken a hit after the latest inflation figures were released.
Woolies reveals shock cost of strikes
Woolworths has been counting the cost of industrial action, which took a dent out of the supermarket behemoth’s bottom line.
‘Lying’: 23yo on Centrelink hit with huge debt
A young mum has shared her dismay after copping a brutal bill from Centrelink, after what she claims was a “severe error” on their end.
Bank boss makes huge cash call
Commonwealth Bank boss Matt Comyn has backed cash, saying his bank will provide it to customers even as customers preferences change.
‘No option’: Aussies grim retirement call
Australians are set to work longer as rising cost-of-living sees them put off their retirement.
Telco misleads 9k customers over NBN speeds
Telstra downgraded the upload speeds for thousands of its Belong NBN customers without telling them or lowering the price.
‘Unfair’: What Aussies savers should do
Frustrated Aussie savers have been urged to get one up on banks who have left them in the dark by doing one thing.
Watchdog’s warning to big supermarkets
Australia’s consumer watchdog says customers’ concerns in the supermarket and retail sector remain a key priority in the year ahead.
‘Bitter pill’: Grim reality for Aussie savers
It’s only going to get worse for Aussie savers already on their knees after the Reserve Bank’s decision to cut interest rates.
‘Mysterious’ trend taking over Australia
Australia’s cost of living crisis is out of control – but something truly bizarre is happening while so many of us are feeling the pinch.
5 million Aussies set for cash boost
Pensioners, renters and students will receive a big income boost next month. Here’s what you need to know.
Major bank to move 190 Aussie jobs offshore
Big four bank Westpac will cut 190 Australian jobs in its customer solutions division and move them offshore just days after announcing a bumper profit.
Harsh choice Aussies are making
Aussies are facing a harsh choice when it comes to cost of living and staying healthy.
Bad news for your next pay rise
Australia’s wage growth has slowed in the December quarter, which while welcome news for the RBA, shows the peak in earnings growth might be over.
Why rate cut won’t save Aussie households
Aussie households are feeling the pinch, with a single rate cut unlikely to relieve them of their mortgage stress.
When is the next RBA meeting on interest rates?
The Reserve Bank of Australia has switched things up, meaning eager homeowners will have to wait a little longer to find out if they will get another rate cut.
Winners and losers from RBA rate cut
Households are tipped to have a bit more in their pockets after the RBA’s first rate cut in four years, but just how much you will save will depend on the size of your loan.
Greens push for $4bn cut to insurance costs
The minor party has proposed a five-pronged attack to lower rising insurance premiums which they say could save households a total of $4bn.
‘Serious mistake’: Surprise scene outside RBA
Unions and interest groups ratcheted up the pressure on the Reserve Bank ahead of its decision to cut interest rates.
‘On notice’: Dutton’s vow to insurers
Insurers have been put “on notice” as Australians struggle to find affordable policies in an increasingly unpredictable climate.
Major bank’s huge move on rates
Competition among mortgage providers has spurred a big four bank to cut its variable interest rates ahead of tomorrow’s RBA decision on the cash rate.
Homeowners throwing $10K down the drain
Homeowners are blindly allowing the banks to rip them off by up to $10,000 a year by failing to do one crucial thing.
Loophole costing Aussies at the checkout
Consumers are regularly paying more than they should to use their own money with a debit card, but current laws render the consumer watchdog useless to investigate.
Further sign rate cut is on its way
Banks are cutting one particular offering as they gear up for the Reserve Bank of Australia to do the same to the cash rate.
Australia’s world-first move to stop scammers
Australia is fighting back against cyber security threats, and this world-first move against scammers is leading the way.
Trump’s tariffs could stall rate cut
Uncertainty over US President Donald Trump’s current tariff policies could push back the RBA’s plans to cut rates in February, economists warn.
29yo admits to bleak $1700 a month habit
Hannah Blass was earning six figures and living the good life but her bank balance was also spiralling “out of control” because of one habit.
How you could own iconic festival site
The site of an iconic Australian festival is up for sale along with a main stage graced by international superstars – and it’s much more affordable than you might expect.
Blunt warning over funding for schools
Educators have issued a desperate plea after a new report revealed the growing disparity between the funding for private and public schools.
Second major bank cuts interest rates
Another of Australia’s big four banks has cut interest rates for one group of borrowers, ahead of the RBA’s highly anticipated February meeting.
Surprising trend in home lending
Aussies putting up with higher house prices are still getting into the market as investors get out of the way, new research shows.
‘Disgusted’: Bank returns money to scammers
An Australian family lost $2.5 million – life savings accumulated over 30 years – and they uncovered staggering failures across major banks.
CBA announces eye-watering profits
CBA has announced an eye-watering half-yearly profit despite citing cost-of-living concerns for customers.
Surprising group targeted by scammers
One demographic has emerged as the most popular target for scammers – and it’s not who you would think.
Proof the Aussie dream isn’t dead
Fresh government data has shined new hope on the great Australian dream, proving you can still buy a home in a popular city for under $1m.
Massive change coming for home buyers
Treasurer Jim Chalmers said he is asking for a “commonsense” change that will help more Australians purchase their first home.
200k Aussies rail against cashless society
A petition to save cash through guaranteeing access to the tender and relevant banking services has surpassed 200,000 signatures.
Aussie bank’s big interest rate move
Another major financial institution has changed its rates ahead of the Reserve Bank of Australia’s decision on the official cash rate.
Chaos at council as rates go up nearly 100pc
Angry residents have fronted a chaotic council meeting where members voted in favour of a huge rate hike after a $122 million pool redevelopment debacle.
Building company collapses owing millions
Another Aussie builder has gone bust, leaving home buyers in the lurch and creditors owed millions.
Terrifying reality in Aussie scam crisis
At a secret location in Sydney, experts have revealed the terrifyingly simple way Australians are being fleeced more than any other country by scams.
Aussies’ insane credit card spend revealed
Some Australians are facing huge debts following a record credit card spend over the Christmas period.
Buy Now Pay Later to face harsh regulations
New legislation is holding Buy Now Pay Later providers to Australian credit licence standards in an attempt to protect consumers.
Leaked text messages reveal horror ordeal
An Aussie has been left ashamed and embarrassed after he was caught out by a devastating incident twice, which has turned his life upside down.
‘Screwed’: 32yo’s ‘millionaire’ life falls apart
A famous influencer has revealed the huge life change she has been hit by, and why some followers are calling it her “downfall”.
26yo tradie loses $58k in scary new scam
A 26-year-old Aussie tradie has issued a warning after losing $58,000 to a scam that anyone could fall for.
Detective’s warning on ‘nightmare’ crime
A veteran police detective has revealed how cops are being frustrated and overwhelmed by a serious crime and their hands are being tied to even investigate it.
Reason Aussies shying away from retailer
International retailers Temu and Shein have risen rapidly in Australia, but that could be short lived. Here’s why.
‘Sick’: Woman’s $200k find in mum’s house
The $200,000 was from a life insurance policy but ended up in the pockets of scammers – and that was only the “tip of the iceberg”.
‘In a second’: Horror warning for Aussies
Australians are falling for scams within a matter of seconds, with a top cybercrime cop issuing a chilling warning.
Teals hit Dutton, Albo with election demand
Anthony Albanese and Peter Dutton have been warned crossbenchers will seek a major boost to social welfare payments in the likely event of a hung parliament.
Pauline Hanson makes big call on banks
The One Nation Leader has thrown her support behind a much-needed proposal that could see Aussies $165,000 better off.
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.
Australia’s greatest ‘shame’ exposed
Every day Australians will be up against cashed up corporations when trying to tackle this huge problem.
‘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.
Original URL: https://www.news.com.au/finance/money/costs/page/3