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Saturday, May 25, 2024

Latest news: Cost of living

ANU: Financial stress at worst since pandemic

More Australians are finding it difficult to get by on their income, and are experiencing greater housing payment stress, the ANU finds.

Most east coast households could see lower power bills

Hundreds of thousands of households and businesses in Australia's east could see their power bills fall, while others will see rises below the inflation rate, according to the national energy regulator.

ACT Legislative Assembly’s first sitting week of 2024

Light rail, hospital wait times, and cost of living were once more debated in the ACT Legislative Assembly's first sitting week for 2024.

Canberra Liberals promise cost-of-living relief

Should the Canberra Liberals win October’s election, they will provide a $65 million cost-of-living relief package.

Canberra is Australia’s most expensive city

Canberra has the highest cost of living in Australia, and is the 21st most expensive city in the world, according to a global database.

Financial relief on the cards as MPs rush to Canberra

Cost-of-living relief could be on the horizon as inflation begins to soften and politicians rush back to the capital to talk economic strategy.

Cost of living pressures mount on first cabinet meeting

The prime minister is calling cabinet colleagues to Canberra weeks before parliament resumes to tackle mounting economic and cost of living issues.

Watchdog might buy into claims on supermarket specials

Allegations of false or misleading "was/now" specials advertised by supermarkets are being considered by the consumer watchdog.

Supermarkets told to pass on savings at the checkout

Supermarkets have been told to pass on savings as calls echo for the consumer watchdog to launch an inquiry into their behaviour.

Cost of living no roadblock as car sales smash record

Australians bought a record number of new cars in 2023 as the COVID comeback continued, but cost-of-living pressures have auto makers preparing for a slowdown.

Cost of living relief on table but cash handouts vetoed

Finely-tuned government assistance could be on its way for households struggling under cost of living pressures, the prime minister confirms.

Cost of living relief under consideration for new year

Australians on low and middle incomes could be in for further relief as the Albanese government considers how it can help households under strain.

Coles and Woolworths to front supermarket prices inquiry

Supermarket giants Coles and Woolworths will face a parliamentary committee into price gouging and record profits amid the cost-of-living crisis.

Supermarket profits in spotlight as cost-of-living crisis bites

Supermarket giants accused of price gouging during a cost-of-living crisis could be scrutinised by a parliamentary committee.

‘Cozzie livs’ becoming a big issue for Aussie teens

A national survey by Mission Australia has revealed that Australian teenagers are becoming increasingly affected by financial matters.

Australian wellbeing survey reveals life satisfaction at record lows

A national wellbeing survey shows stark generational and income divides, as well as the need to support Australian carers.