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cost-of-living pressures

Young Aussies to get $768 cash boost

Prime Minister Anthony Albanese and Treasurer Jim Chalmers will hand down their second budget on May 9, with Labor warning of “incredibly weak” economic growth over the next five years.Mr Chalmers this month said the May budget would have…

Aussie business collapses will ‘get worse’

More Aussie businesses are collapsing now than before the pandemic as “zombie companies” are flushed out of the system — and experts warn it will “get worse before it gets better” as consumers tighten their belts.The latest insolvency…

Scary statistic amid housing crisis

Australians are increasingly turning to homelessness support as the cost of living and housing crises hit hard. Nearly 100,000 Australians experienced such financial hardship in 2022 that they needed to seek specialist homeless support, an…

Aussies warned to brace for scams

One of the big banks is warning Australians to be extra careful of scams in the lead up to the silly season, after this year’s Black Friday sales went crazy. Westpac said over the sale weekend, the bank facilitated over 32 million customer…

Millions to get cheaper medicines

Millions of Australians will see the cost of their prescriptions fall from January as the budget seeks to ease cost-of-living pressures through access to cheaper medicines.Treasurer Jim Chalmers’ first budget handed down on Tuesday will see…