Major sign housing bubble is set to burst
All signs are pointing to a further drop in the property markets over the next few months, with two Aussie cities to feel the brunt of the change.
Stay informed with the latest news, insights and developments on the cost of living and its impact on Australian households. From soaring rent and mortgage rates to inflation, wages and the affordability of essentials like groceries and energy, we deliver key updates, expert analysis and public reaction all in one place.
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All signs are pointing to a further drop in the property markets over the next few months, with two Aussie cities to feel the brunt of the change.
ABC finance host Alan Kohler has shared a “scary” housing chart, after Australia passed a grim milestone dating back to 1989.
Fuel prices are under control – at the moment. But three key factors are about to combine and the impact on Aussie households could be devastating.
With a Labor budget slated for October 25, Treasurer Jim Chalmers had some bad news for households crippled with the rising cost of living pressures.
Lettuce soon won’t be the only expensive fresh produce people are complaining about, with shortages of another staple vegetable looming.
Subway has become the second fast food chain to make a major change to its sandwiches amid the rising cost of fresh produce.
House prices in capital cities are slowing at a rate not seen in more than 30 years, signalling the property boom is finally coming to an end.
While most were expecting a rate increase on Tuesday, the 0.5 per cent hike caught many off-guard. Here’s why the RBA locked in such a sharp jump.
Homeowners have copped another major blow, with the Reserve Bank announcing a “super-sized” rate rise nobody saw coming.
The RBA is expected to raise interest rates again on Tuesday – and for months to come – sparking warnings Australian families will be “devastated” by the cost.
Australia’s “apocalyptic” east coast energy crisis has hit hard and fast. And there’s no easy way out of the nasty position much of the country is now in.
A single mother-of-two sits up crying at night because she is forced to choose between buying food or taking a shower as the cost of living soars.
The RBA is expected to raise interest rates again when it meets next week, with economists warning Australians to tighten their financial belts.
Australians are being warned of gas and power shortages over the next 24 hours as the east coast cold snap pushes the country’s energy supplies to the limit.
The rising cost of energy is so “ruinous” that it could see Australia plunge into recession before Christmas. There is an easy solution though.
Original URL: https://www.news.com.au/topics/cost-of-living/page/18