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.
Costs
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.
Outrage over 22yo’s Centrelink admission
A young Aussie has caused divide online by revealing the staggering amount she’s saved while on Centrelink benefits.
Why this Christmas is toughest for Aussies
Christmas is one of the happiest times of the year, but as the cost-of-living crisis worsens, millions of Australians are giving up essentials to put presents under the tree.
‘Pathetic’: Customer payment details leaked
An Australian retailer’s hack has leaked concerning data and one customer has been left “infuriated” by the impact and lack of remorse.
Surprising falls on Aussie Xmas favourites
Falling prices at the checkout mean Aussie families are tipped to pay slightly less for Christmas BBQ favourites this holiday season, according to new research.
Trump threatens to rip away US norm
Donald Trump has taken to X to share his latest plan and it has completely divided, even people who voted for him.
Why RBA is being blamed for inflation
The RBA’s slow response to the post-Covid economic boom is to blame for Australians paying more on their mortgage today, a consulting firm has found.
Aussie takes on bank over $11k scam
After a Melbourne man was scammed out of $11,000 and confronted his bank, he didn’t expect to hear this.
‘Keep phone down’: Trick to steal $5k
Scammers asked the man a seemingly innocent question. But when he complied with their request, it cost him $5000.
Marriage trend that needs to end right now
There’s a popular new trend taking off online, but there’s a very grim reason no one should be laughing.
Couple in mortgage hell, hit hard by Xmas
It is the most festive time of the year, but it can also be the most “stressful”, especially for a family of three living off one salary.
Surprising Aussie fashion trend revealed
Buy-now pay-later giant Afterpay has revealed some surprising Aussie fashion trends in its latest Afterpaid report, with one colour dominating 2024.
Group running out of cash every month
Some people from one cohort are reporting having to steal essential items more frequently to survive the cost-of-living crunch.
HECS balances slashed from today
If you can actually remember your MyGov login, you should probably take a squiz at how much HECS you owe after tonight.
‘Devastated’: Despicable act against 95yo
It’s a picturesque coastal town where a terrifying incident has been hidden and police are yet to catch the person involved.
Terrifying debt trend emerges in Sydney
A video of Aussies going about their shopping has exposed a concerning Christmas trend, with people making some major admissions.
‘Liable’: Sperm donor truth no one talks about
A young Aussie has revealed the wild reason she’s planning to sell her home and why she needs to “lessen her expenses” as she prepares for a big life change.
91 per cent chance of this interest rate call
The RBA board will meet on Tuesday and announce the final cash rate decision for 2024 later in the day.
Amazon delivers huge Christmas update
Online behemoth Amazon has just announced the cut-off date for its Christmas Day delivery service.
Lucky Aussies become instant millionaires
Three lucky Aussies have become instant millionaires over the weekend, after scoring the lucky numbers which led to them taking home more than $1m each in Lotto prizes.
Text message ruins woman’s life
A Melbourne couple who lost a staggering $1.9 million to scammers eerily came face-to-face with one of the criminals while they were holidaying in China.
Graph reveals insane price hike of iconic item
It’s one of the most legendary Aussie items of all time – but it’s getting harder and harder to afford as prices explode and wages plummet.
Power bills cut for Christmas in one state
Households in one state are getting a cash kicker to knock the top off power bills before Christmas.
Group of Aussies to get big cash boost
More than one million Australians will receive a boost to their social security payments in the new year due to annual indexation.
Chart reveals why Australia is screwed
Australians are getting poorer and a leading economist has produced a simple chart that shows why.
Sign Aussie recession tipped to end
A recession gripping Australia’s struggling retail sector is tipped to end – as household confidence grows and consumers look to spend their tax cuts.
Surprise reason for Aussie spending jump
A surprise jump in spending in major two areas has given early indications Aussies are starting to spend again, in spite of a high cost of living.
Original URL: https://www.news.com.au/finance/money/costs/page/6