04/08/2022

Australians warned to brace for significant power bill hikes

A new report reveals prices in the country’s electricity market have surged to their highest ever levels, and there’s no sign that they’ll slow down.

Some will benefit from rising interest rates

There are, however, some winners in the interest rate rise: retirees and people who locked in fixed rates before the cycle changed.

The spending habits making cost of living even worse

During the pandemic, buying something with a tap to be delivered directly to your home became the norm. But with costs rising quickly, most of us have now become used to ordering anything at any time, and we’re paying for it.

Biggest tax hike in 30 years leads to the $15 pint

The Australian Tax Office announced the excise on beer would rise by 4%, or $2.50 more a litre on Monday under its CPI indexation review.

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