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.
Costs
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.
Shrinkflation hits festive treats
At least five different products from Woolworths, Aldi and Lindt have become the latest casualties in the ‘shrinkflation epidemic’ plaguing Aussie shoppers.
‘Insulting’: Albo spends $18k on flowers
The Prime Minister treated world leaders to a $40,000 performance at dinner adorned with $18,000 worth of flowers, new documents reveal.
Most trusted Aussie brands revealed
Despite using privacy-invading facial recognition cameras, a major retailer has held its spot as the No.1 most trusted Australian brand.
Supermarket launches huge $2m giveaway
Thousands of shoppers will be in the running to win up to $100 off their next shop as part of an instant win giveaway in the lead-up to the festive season.
‘Not fair’: Gov wants to end $3 bank fee
The Albanese government has slammed a bank’s decision to charge customers a fee to withdraw money from their own accounts, claiming it “doesn’t seem fair”.
‘97 times’: Albo’s reminder of broken promise
As the federal election looms, Peter Dutton has used a three-year anniversary to attack Anthony Albanese over a broken promise.
Aussies hunt for scammers who stole $14k
A Melbourne man saw his money disappear from his account but was shocked when the bank blamed him. What he did next changed everything.
Christmas tradition Aussies are ditching
Aussies looking to cut back this Christmas are walking away from this holiday tradition, but it might not be saving them as much as they think.
Brutal price hike coming for Aussies
Cigarettes are right near the top of the list of the fastest-rising prices in Australia – and it’s hurting all of us, even nonsmokers.
$2.3bn in lost Aussie cash up for grabs
Aussies may be entitled to a share in billions of dollars’ worth of “unclaimed money” accumulated over the years. Here’s how you can find out if you’re eligible.
Millions of Aussies to get HECS refunds
Three million Aussies will get hundreds of dollars wiped off their HECS debts, with the new laws set to change how pesky annual indexation charges are applied.
‘Sold out’: Greens lashed on housing
The Greens have been accused of selling out in agreeing to back Labor’s Help To Buy bill, with the Liberal Party vowing to repeal the law if they win the election.
Push for $26 a day boost for Aussies
The Australian Council of Social Services has urged the government to lift the Jobseeker rate in line with the aged pension.
Pokies crackdown to ‘save lives and livelihoods’
A state government is making big changes to clamp down on the “harmful” industry’s grip on addicted gamers.
Scam warning ahead of Black Friday sales
Australia Post says consumers need to be on guard for scams as Black Friday sales ramp up and criminals target unsuspecting victims.
State’s massive $280m cost-of-living move
Hundreds of thousands of Aussies are due to share in $280m worth of cost-of-living relief, including hundreds of dollars being allocated for each schoolchild.
Top university makes major fee change
One of the USA’s most prestigious universities is making a radical change and others are following in its footsteps.
Supermarket giant grilled on vacant land
One of Australia’s two supermarket giants has denied it is sitting on unused land in one capital city to stop any competitors opening up.
Aussies set to pay more for stamps
With less and less Aussies sending letters by mail, Australia Post is hoping to increase stamp prices in an effort to curb its financial losses.
Shock salary Aussies need to start a family
A new report has revealed the insane amount of money Australians need to earn in two major cities to live comfortably and start a family.
State’s crackdown on ‘dodgy’ builders
One Aussie state has made a huge move to crack down on unregistered tradies ripping off homeowners – urging people to “dob” them into an anonymous tip off line.
How big 4 banks are foiling scammers
Major Aussie banks are teaming up to try to stop scammers before transactions have even left a victim’s account.
One call drains 23yo’s bank account
A young man discovered he had been tricked in one “normal” phone call. But he was shocked by what the bank let happen next.
State’s homelessness crisis ‘at its worst’
The housing and homelessness crisis is so bad in one major state that a peak body has called on political parties to commit to a bold election platform.
Overworked Aussies ‘ripped off’ $91bn
Australians have the legal right to put their work phone on ‘do not disturb’ during out of office hours, but bosses are ignoring these new laws.
200,000 Aussies eligible for $1100 payment
More than 200,000 homeowners are eligible for cost of living concessions, are you one of them?
Experts make major rate call
Aussies are doing what the Reserve Bank of Australia is asking and cutting back on spending, but they might need to wait nine months for a reduction on their mortgage.
Medical costs cripple struggling Aussies
More than a quarter of people living in disadvantaged areas are forgoing important trips to the dentist as costs continue to cripple everyday Australians.
Simple hack to prepare for Christmas lunch
Cost-of-living threatens to blow out the cost of Christmas lunch for lots of Aussies, but one retailer reckons there’s an easy way to space out spending for the big day.
94yo man scammed out of $10k
The 94-year-old man has lost nearly $10,000 in a cruel scam, with police releasing photos of a man they believe can assist with inquiries.
Class action filed against Coles, Woolies
Legal papers have officially been filed against Coles and Woolworths on behalf of consumers in relation to alleged dodgy sale prices.
Astonishing Sydney comment says it all
If you ever needed proof our blessed politicians are out of touch, cast your eyes to this unbelievable interview with the NSW Housing Minister.
Sad reason woman’s home always filthy
A 36-year-old woman has revealed the awful state of her home and why it was always filthy. The reason is heartbreaking.
Coles backroom staff ordered back to office
Another major Australian corporation is ordering staff back into the office, in another sign the pandemic-era work from home norm is changing.
Coles chairman’s tone-deaf comment
Coles chairman James Graham has raised eyebrows after accusing Aussies of using the cost of living crisis to turn on supermarkets.
Aussies’ surprising cost of living outlook
Aussie consumers and businesses are seeing through the high cost of living as sentiment and spending improve, new reports show.
‘Disaster’: Life savings wiped while in bank
A Melbourne woman has revealed the “disaster” she found herself in as scammers drained her life savings, including while she was in her bank branch.
Coles worker’s astonishing claim goes viral
An anonymous Coles worker has accused the supermarket giant of “gaslighting” its customers after a shopper slammed the price of a popular sweet snack.
’Nowhere else’: Grim reality for Aussie farmers
Aussie farmers are up in arms about supermarket behemoths Coles and Woolies, but an ACCC hearing has heard they have nowhere else to go.
Lambo guy’s ‘awesome job’ in Adelaide
An Australian billionaire, who became famous for buying multimillion dollar homes on The Block, says he had a “fantastic time” at his “awesome job” in Adelaide.
Election date clue in Albo’s big announcement
Australians may be closer to knowing when they are heading to the polls next year, after the Prime Minister appeared to drop a clue in a key policy call.
Son storms into house as $36k stolen in scam
Sinister criminals are targeting Australians, draining their bank accounts, but also threatening and abusing them along the way.
Banks profit $200k from single mortgage
The big four banks are profiting a huge $200k off the average Aussie mortgage by charging higher than neccesary interest rates, new research has found.
Major pledge to overhaul student debt
Australians lamenting burdensome student loans could get major relief under an overhaul being proposed by the Albanese government.
Why your water bill could increase by 50%
As the cost of living crisis continues to cripple everyday Aussies, residents of one city may see their monthly water bills increase by a staggering 50 per cent.
‘Not perfect’: Woolies hits back at fake claims
Woolworths Group has railed against allegations it deceived customers with false discounts on specially-marked products.
Shameless idiot jumps in front of car
Footage has gone viral of a street scammer’s hilarious attempted “cash-for-crash” effort – only to be filmed and laughed at by the driver.
Mum’s life savings drained in 30 minutes
In just over an hour, an Australian mum lost $20,000. What the bank did next made her daughter’s “blood boil”.
One thing Aussies going into debt for
Aussies are prioritising one thing at the expense of a long-term financial future, and there could be serious consequences in the long run.
Surprise surge in Aussie cash use
Amid rampant bank branch and ATM closures, new figures have revealed a surprising turn in the use of cash across Australia.
Big bank’s surprise Stage 3 tax cut reveal
Aussies have pocketed $6.4bn in extra income since July’s Stage 3 tax cuts, but what we’re doing with it might come as a surprise.
Bank staff ‘break in’ to help customers
As customers of banks were left high and dry in Broken Hill’s blackout, staff of the locally-owned bank went to extremes to help customers.
‘Backyards’: State’s wild bid for more homes
One state wants to make it easier to divide up blocks of land in a bid to boost housing supply by “unlocking land in people’s backyards”.
Scathing report exposes ‘appalling’ failures
A damning review has found the Victorian building regulator’s severe failures left homeowners suffering “significant” financial, emotional, and health issues.
‘Horrified’: Reactions to inflation warning
Australians are being urged to prepare for further financial pain after the International Monetary Fund issued a dismal prediction for next year.
Millions stung by illegal government fees
Aussies have lost an estimated $144m to illegal merchant levies, one state government has admitted.
Customers fume over big four bank’s closure
Customers have slammed a big four bank for its “outrageous disregard” after it closed a local branch, forcing them to drive 1.5 hours to do their banking.
‘Luxury’ thing 1 in 4 Aussies are ditching
The cost of living crisis has caused millions of Australians to give up life’s little pleasures. Now, it seems friendships are next on the chopping block.
‘All-time highs’: Sign mortgage chaos is here
New data has revealed just how many Australian households are “struggling to keep afloat” – and sadly, something is going to have to give.
Aussies slugged online with this hidden fee
Australians shopping globally online are being charged a hidden fee, leading to calls for the Albanese government to extend its action on dodgy practices.
Millions lose access to cash after bank move
The big four banks have rolled out a controversial change to the way Australians can access their hard-earned cash.
Sign Australia is getting back to ‘normal’
For the first time in 18 months, Aussies are feeling more optimistic about spending as cost-of-living pressures begin to ease.
One thing cash-strapped Aussies are doing
The ongoing cost-of-living crisis has forced hundreds of thousands of Australians to downgrade something more than half of us have.
How to solve Australia’s housing crisis
A leading business group says one thing needs to happen to solve Australia’s housing hell and you only have to look at one of our nearest neighbours for inspiration.
Next indignity for Coles, Woolies
Woolies and Coles have copped heat on various fronts, including being sued by the ACCC, and now a class action lawyer says this should happen.
Huge change coming to pharmacy giant
There’s a big change coming to pharmacy giant Chemist Warehouse and it could save customers a lot of money.
Grim stat shows even rent out of reach
The housing market has produced a ‘national scandal’ where few rentals are affordable for the nurses, educators and construction workers.
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.
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.
Original URL: https://www.news.com.au/finance/money/costs/page/9