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Friday, July 26, 2024

Latest news: Cost of living

Cost-of-living crisis linked to Australia’s ‘baby recession’

Soaring cost-of-living pressures are thought the be the reason births in Australia have dropped to an almost 20-year-low.

ACTCOSS: Cost-of-living crisis worsens

Canberra workers cannot buy food or pay power bills; homelessness is increasing; and cash-starved community services might go belly up.

Renters spending less as living costs squeeze budgets

Spending by renters fell in the year to June, suggesting young Australians are feeling the squeeze from high housing costs and other living expenses.

Canberra Liberals: Budget will ’cause pain’ for Canberrans

The Canberra Liberals claim that the ACT Government’s Budget shall cause more pain through higher rates and taxes. Andrew Barr disagrees.

ACT targets living cost pressure in pre-election budget

Immediate pressures on households have been balanced with slower-burn challenges of housing and essential services in the ACT government's pre-election budget.

ACT Budget: Cost-of-living relief

The 2024–25 ACT Budget will support Canberrans who are most impacted by cost-of-living pressures, the government promises.

Canberra twins trade in birthday presents for groceries

For the third year in a row, Canberra Twins Asher and Ellie Barclay have chosen not to receive presents for themselves on their birthday.

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.

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