Are we headed for a recession?
After a market “bloodbath”, experts are warning America is on the brink of recession. But what is a recession, and how will it affect Aussie workers?
Cost Of Living
The Aussies with the most super revealed
There’s a big difference between Australians’ super pots with one area having more than double the national average.
Ominous sign Australia could be in trouble
America has bumped interest rates up in the sharpest rise in almost three decades, leading to concerns that Australia could follow suit.
Woolies shares ‘brilliant’ bread hack
Woolworths is doing its bit to prevent food waste, sharing the “brilliant” hack one store is using to give a second life to old bread.
Why you should care about ASX bloodbath
It has been a horror week for the Australian stock market – and there are glaring reasons why we should all be concerned by the crash.
Coles boss reveals gamechanging 80c item
As Australia’s cost of living crisis ramps up, the nation’s top supermarket bosses have shared their best affordable grocery hacks.
Price freeze on hundreds of Woolies items
Woolworths has announced it will freeze the prices on “trolleys’ worth of meaningful essentials” until the end of this year amid Australia’s rising cost of living crisis.
One stock surging in stock market misery
The Australian stock exchange is falling again today, but there’s one major stock that is massively outperforming the market.
Horror prediction for Aussie retailers
An ominous mix of inflation, higher interest rates and surging food and power costs is predicted to crush Australian retailers.
Coles shopper’s insane meat haul stuns
A mother-of-three who decided to go to her local Coles store on a “whim” was shocked to learn how much meat products had been reduced.
Pics expose desperate supermarket move
Shoppers feeling the pinch of the surging cost of living have reportedly adopted a sneaky tactic to cut the cost of their groceries.
Dark sign recession is ‘definitely’ coming
There are ominous clouds hanging over the global economy, as spooked markets prepare for the inevitable recession on the horizon.
Coles boss’ bold advice on veg shortage
With the price of iceberg lettuce nearing $7, Coles has urged customers battling soaring grocery prices to “try different recipes”.
Australia’s crisis summed up in one photo
As the cost of fresh produce continues to increase, the price for a very common vegetable has sparked outrage and confusion.
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.
Easy hacks to save you thousands
Family budgets across the nation are being stretched to the limit as cost of living pressures bite – but there are still ways to save a bucketload.
Three reasons fuel prices are about to explode
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.
House prices to plunge dramatically
A major bank has warned that super-sized interest rates will have a chilling impact on house prices as potential buyers run scared.
Aussie finance expert’s grim warning
ABC finance host Alan Kohler has shared a “scary” housing chart, after Australia passed a grim milestone dating back to 1989.
Dire warning on Aussie price surge
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.
‘Shock and awe’: Reason for rate surprise
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.
Subway menu item undergoes big change
Subway has become the second fast food chain to make a major change to its sandwiches amid the rising cost of fresh produce.
Price of common veggie set to skyrocket
Lettuce soon won’t be the only expensive fresh produce people are complaining about, with shortages of another staple vegetable looming.
Aussies cop second ‘super-sized’ rate rise
Homeowners have copped another major blow, with the Reserve Bank announcing a “super-sized” rate rise nobody saw coming.
‘Devastating’ news for Aussie economy
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.
Four reasons behind Aussie bill crisis
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.
Mum forced to choose food or shower
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.
Power outages loom over next 24 hours
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.
Aussies could pay ‘$1000 extra a month’
The RBA is expected to raise interest rates again when it meets next week, with economists warning Australians to tighten their financial belts.
Catastrophic prediction for Aussie economy
The rising cost of energy is so “ruinous” that it could see Australia plunge into recession before Christmas. There is an easy solution though.
Warning as more pain to hit Aussie wallets
Australians could see food prices rise by a steep 10 per cent because of a “perfect storm” of factors.
This Aussie job has had a huge wage increase
With record-low unemployment, record-high inflation and a cost of living crisis, these are the jobs that will get you a fatter pay packet.
‘Failure’ leaves half of Australia paying more
Australians are facing huge jumps in their energy prices. But not every Aussie will feel the same pain thanks to an unfair policy.
Albo’s first hurdle as Aussies on the brink
Anthony Albanese is facing his first major hurdle as Prime Minister after a major decision that will affect the bottom line of every Australian.
Energy bills to soar as turmoil hits market
Financial pain is on its way to thousands of Aussies as energy the energy retailer passes on hefty increases and retailers expect prices to skyrocket.
‘Really tough’: Aussie crisis set to worsen
It’s no secret our housing market is out of control – but new data has revealed just how hard things are getting for one group of desperate Aussies.
Countdown to Australia’s economic bloodbath
The joy of the petrol tax cut has well and truly worn off as the price of fuel rises despite the measure – and that’s just the start of our woes.
’Downward spiral’: Fears for home builders
Australia’s biggest builder has been forced to deny claims it’s in financial trouble, but experts warn construction industry collapses are “accelerating”.
‘Stress’: Billion-dollar mess for homeowners
Interest rates are certain to rise multiple times this year – and there’s a big problem looming for millions of homeowners.
Tiny detail ‘will add $20’ to grocery bills
Aussies are already feeling the pain at the checkout – but a “perfect storm” could be about to send prices skyrocketing further.
Image reveals why shipping chaos won’t end
Incredible images show the scale of the shipping crisis that’s causing long delays and rising prices for Australians, with no end in sight.
Aldi receipt reveals $35 grocery hack
A savvy shopper has revealed how she dishes up six hot meals for less than $35 by buying her ingredients at a budget supermarket.
Bad news for Coles, Woolies shoppers
A warning has been issued that price hikes are “coming now and are large” as the major supermarkets grapple with suppliers demanding more money.
China’s plan could cripple Australia
China’s harsh lockdown in response to its Omicron outbreak is coming at a cost to the rest of the world. And that includes Australia.
‘Collapsed’: Swift reaction to rate hike
There are warnings that the outlook for the property market is “dire”, with predictions the rate rise will spook buyers and see prices plunge.
Rates to rise ‘every month until Christmas’
With the RBA almost certain to increase the cash rate on Tuesday afternoon, some economists are predicting it could be a regular monthly occurrence.
Surprising state facing mortgage nightmare
As Australia sits on a knife edge waiting to see if interest rates will be increased, a huge number of people are already struggling.
House prices set to plunge if rates rise
Pressure is piling on for homeowners as interest rate rises could leave them struggling to meet repayments on a house worth less than what they paid for it.
Proof housing in Australia is ‘broken’
The “brutal” rental market has been exposed in an unsettling new report, which shows a huge number of Aussies are priced out of the market.
‘Catastrophic’: Russia’s sick new global plan
There’s one thing Russia has that the world needs – and Putin knows it. If he pulls off his plan then it could cause a “global crisis”.
’Human catastrophe’ as food cost spikes
Rising global food prices have prompted the president of the World Bank to warn of an impending “human catastrophe”.
How China’s lockdowns will screw Aussies
A chilling warning has been issued that China’s zero-Covid policy is going to inflict “damage” globally, with more cost of living pain headed our way.
Insane price you’re about to pay for coffee
As the cost of living in Australia soars, your daily $4 coffee is at the centre of a battle that’s frothing up over wage rises.
Photo exposes ridiculous reality for Aussies
A single image of lettuces being sold at Coles for nearly $6 has exposed the stark reality of Australia’s cost of living crisis.
New fee Aussies are going to hate
Australians are about to be hit with a price increase that will cost the average family an extra $127 a year, but there are ways around it.
House prices could drop 20 per cent
House prices could tumble thanks to a key factor in Australia’s economy which is improving faster than anyone expected.
Why you might finally get a pay rise
A phenomenon dubbed the Great Resignation is about to hit Australia, and despite the scary name, it could actually force wages to increase.
Unusual bill detail catching out Aussies
More than 14 million Australians pay thousands of dollars every year for private health insurance and there is a common mistake many of us make.
Self-made millionaire’s savings tip
Turns out that when it comes to saving money, buying coffee and avocado toast might not be a problem after all if you can answer these questions first.
Decision that can cost you at tax time
It’s tax time and many of us will be hoping for a handy tax return windfall. But there can also be a nasty surprise for some.
Three boxes to tick to get faster internet
It’s been touted as the next generation of the internet, with faster speeds and better connectivity but it’s only available to some Aussies.
Best investment to make on your home
Solar panels on Aussie rooftops are going “gangbusters” with up to three million homes already covered with the energy generating devices.
Ambulance mistake could cost you thousands
Ambulance trips are not covered by Medicare and while it is free in some states, other Australians can be left with hefty invoices.
Mum’s mortgage gamble pays off with $3m idea
Mum of four Kristy Chong knew she had a great idea for a product but first of all she had to stop people being “squeamish”.
Simple saving idea experts love
A clever savings trick can help stop your emotional spending habits – and it only takes one month to see the results.
Sleep-deprived mum’s $30 million idea
When Sydney mum Hana-Lia Krawchuk’s baby wouldn’t sleep, her sanity began to slip, but the sleepless nights led to a genius idea.
Surprising salary boost for remote workers
When this dad decided to quit his city job and relocate his family in hopes of a richer life it was a big gamble, but one that’s – literally – paid off.
The jobs that will pay you $200k
New data has revealed professions that earn the most amount of money. This is what you need to aim for to crack the $200,000 mark.
Savvy mums share simple savings hack
Savers around Australia are joining in a new challenge to stash away cash and the best bit is, it’s as easy as playing a game.
Why do health insurers have waiting periods?
A few months can seem like a long time when you need medical services not covered by Medicare and don’t have the funds to cover the cost.
How much you need in your emergency fund
A new survey has revealed an alarming number of Australians have minimal safety nets in place for this life essential.
‘Big no-no’: worst place to get money help
Financial expert Helen Baker has seen all the mistakes people make with their hard-earned cash and this one is at the top of her list.
Exact amount you need to feel ‘well off’
Despite the average Aussie wage being around $68,000 per year – those who make more than double that still don’t think they’re rich.
Scary money myth Aussies keep falling for
It’s the magic number many of us are striving to reach – but it turns out the real goal could be easier to achieve than we think.
New biggest expense for Australians
Rent and mortgages have long been considered our biggest financial burden but a new cost is causing headaches for more households.
Third of Aussies are ‘drowning in debt’
Thousands of Australians caught up in turmoil over debt and the rising cost of living say they fear there’s no way out and will carry it forever.
Surprising thing happening in our supermarkets
Savvy Aussie shoppers are saving big bucks at the supermarket checkout on their groceries with this surprisingly easy swap.
Original URL: https://www.news.com.au/topics/cost-of-living/page/9