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.
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.
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.
The Reserve Bank won’t hike interest rates just yet. Here’s why
The inflation we’ve got this time is different, and failing to recognise that misreads the Reserve Bank's rationale for pushing up rates, and what it is likely to do.
