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Monday, November 25, 2024

Latest news: Cost of living

Australian motorists brace for fuel price hike

The return of the full fuel excise tax will start showing up at the pump in a matter of days.

More stress for household budgets: minister

Federal Assistant Treasurer Stephen Jones has flagged further stress for household budgets following a spike in US interest rates.

Petrol excise relief to end amid price spike fears

The federal government will end petrol excise relief but insists motorists won't be hit too hard at the bowser.

Petrol price rises to further hit budgets as fuel excise returns

The consumer watchdog will be on the lookout for unnecessary price hikes as the fuel excise is reinstated in full later in the month.

Wage growth in Australia expected to lag inflation

Modest wage growth is expected in Australia despite the highly competitive job market and the rising cost of living.

Australian drivers’ fuel costs hit $100 a week

Cash-strapped Australians filling up at the fuel pump paid an extra $5 a week over the course of the past three months, according to new figures.

Australian household solar cuts power bills, anxiety

Australian households with rooftop solar are enjoying massive reductions in power bills, a nationwide survey shows.

Positive signs ahead for Australian motorists

The national average for unleaded petrol struck its second highest level in history last week, with every state and territory now paying more than $2 per litre, but there are signs of better times ahead for motorists.

Many Australian businesses struggling to find staff

Almost one third of businesses in Australia are struggling to find staff, either due to a lack of applications for advertised positions or a lack of skills among those who do apply.

Labor committed to lowering electricity bills

The Labor government is standing by the modelling it took to the May federal election promising to slash electricity bills by $275 a year.

Minimum wage rise the right decision: PM

The Fair Work Commission's decision to increase the minimum wage by 5.2 per cent was the correct one, despite concerns raised by business groups, the prime minister says.

Ukraine, lack of policy, key to rising gas prices

Anthony Albanese says the government will look at every available option to keep a lid on rising gas prices, but a failure of energy policy and global pressures are making the task harder.

Costly fuel makes car sharing an option for Aussie families

Car sharing and hiring from a provider that offers a flat rate on fuel has become a real option for suburban families struggling with petrol prices.

Party leaders battle over minimum wage rise

Anthony Albanese has expressed shock lifting the minimum wage is not a bipartisan issue, as Scott Morrison accused him of being a "loose unit on the economy".

Stagnant wages are ‘untenable’: Anthony Albanese

Anthony Albanese has given emphatic support for a rise in the minimum wage to keep up with increasing inflation levels.

Federal candidates address social priorities at ACTCOSS forum

As the cost of living soars and more Canberrans tumble into poverty, the community sector has called on Federal Election candidates to state how they would solve these problems.

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