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Spending

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Afraid of your money flying away? Re-framing how you think of it can help.

The huge money problem that no one’s talking about

Most financial content focuses on helping people spend less. But what about people who are already good at saving, but terrible at spending?

  • Paridhi Jain

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Working out your retirement income’s lifespan doesn’t have to be a complicated calculation.

Planning to retire? Here’s exactly how much you can afford to spend

Most people, whether they have a meagre or a juicy lump sum in super, still struggle to work out how much they can safely outlay before they die.

  • Bec Wilson
The $400 school saving bonus is not means-tested.

Dear Jacinta Allan, thanks for the $400, but I really didn’t need it

Millions of parents are under intense pressure. But plenty are in cruise mode – financially chastened, but hardly on the bones of their bums. So why are we all getting free money?

  • Tom Ormonde
Treasurer Dr Jim Chalmers is applauded by colleagues after delivering the Budget speech.

Government spending takes $35 billion chunk out of the budget

Despite a $4 billion fall in one of its biggest expenses, new tax cuts and higher spending on healthcare have eaten into the government’s progress in cutting back on deficits.

  • Millie Muroi
Luxury cars, cigarettes and beer purchases are helping to prop up the budget.

Sin taxes prop up the budget, but the most important one is fading

From fuel to fancy cars and a cold one at the pub, there are some vices – and necessities – that are carrying an extra cost.

  • Millie Muroi
Car thieves were also rampant in Victoria, with the number of insurance claims rising 70 per cent in 2024.

Australia’s worst regions for car theft revealed

The number of stolen cars in one state has more than doubled in a decade, with insurance premiums likely to rise as a result.

  • Savannah Meacham
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The end of pandemic-era assistance has contributed to Australian income inequality reaching its highest level this century.

Lucky for some: the older get richer in the worst wealth divide in two decades

A long-running survey of Australians has found inequality has shot up, just as young people find themselves shut out of the housing market.

  • Shane Wright
Elbridge Colby

Trump admin to Australia: spending $56 billion on defence isn’t enough by half

One of Trump’s top Pentagon picks, Elbridge Colby, made the United States’ first explicit call for Australia to massively increase defence spending to counter China.

  • Matthew Knott
Despite Kmart profits rising, spurred by growth in its private label Anko products, uncertainty over interest rate cuts could bring gloom on the horizon for the big retailer.

‘We’re not out of the woods yet’: Kmart owner says rate cut not enough to entice shoppers

Although consumers continue to flock to Kmart in search of better deals, Wesfarmers’ CEO remains cautious.

  • Cindy Yin
Reserve Bank governor Michele Bullock.

What Michele Bullock really meant in speech after cutting interest rates

We’ve deciphered the RBA governor’s comments on Tuesday, after the Reserve Bank cut rates for the first time in more than four years.

  • Matt Wade and Shane Wright

Original URL: https://www.theage.com.au/topic/spending-hp0