“Pretty tough for a while”: Retail spending dips over festive season
December is shaping up to be a softer month for official retail sales numbers after consumers jumped on discounted goods in November and budgets were dried up by high living costs.
“Staple of any Christmas lunch”: Agriculture minister urges supermarkets to freeze ham prices
Senator Watt on Monday sent a stern warning to supermarkets to "not profit off hardworking Aussies" in the lead-up to Christmas.
Cost of living pressures see young people cut back on essentials
Spending by people aged 25 to 29 on must-haves, such as groceries and pharmaceuticals, fell 3.7% over the year to September, based on Commonwealth Bank payments data.
Cost of living pressures: 54% of retailers passing on costs to consumers
The ARA has found that Aussie retailers are under relentless pressure as shoppers limit their spending due to cost of living pressures.
No extra cost of living relief but budget repair job is underway: Chalmers
Treasurer Jim Chalmers said a healthier budget would give the government more flexibility to respond to economic challenges in the future.
Why Australian renters are vlogging through the rental crisis on TikTok
Content about the sorry state of renting in Australia is incredibly popular on the social media platform TikTok.
How small businesses and their employees can both win as cost of living pressures rise
The key lies in levelling with your employees, working with and supporting them, so you reduce the risk of a mass exodus when you come out the other side.
Energy relief, JobSeeker and more put Labor’s cost-of-living package at $14 billion
More government plans to support households and businesses through the period of sky-high inflation will be unveiled in the budget on Tuesday night.
Meal kit subscription Dinnerly freezes prices for six months to tackle cost-of-living pressures
Dinnerly says the decision is part of its mission to help Australian families better manage their weekly food costs, tackle cost-of-living pressures and reassure consumer confidence.
Four ways small and medium businesses can weather the cost of living storm
Australia is in the grips of the fastest increase to inflation rates in a generation. Weather conditions, supply chain disruptions, the continuing COVID-19 pandemic and international pressures are raising the cost of groceries, fuel and accommodation, while wages remain stubbornly stagnant.
Australia’s inflation rate will soon be published each month. Here’s what that means
Australia’s consumer price index is about to go monthly, meaning Australia will join most of the developed world in getting an update on inflation at the end of every month, instead of once every three months as at present.
Labor calls for wage increase to assist “heroes of the pandemic”
Minister for Employment and Workplace Relations Tony Burke has provided further detail on Labor's minimum wage submission made this afternoon to the Fair Work Commission.