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price rises

Supermarket bosses to face price grilling

Coles and Woolworths will send their chief executives to face questioning over whether customers are being ripped off as the major supermarkets are ordered to attend a senate inquiry into “price gouging”. The major supermarkets have…

Surprise new threat to Aussie Christmas

Christmas may be at risk after a major supply chain disruption due to a cyber attack shut down Australian sea ports last Friday.DP World, which manages 40 per cent of Australia’s container shipments, was hit by the cyber attack late last…

‘Burnout economy’: Horror RBA stats

Australia is in per capita recession. This means that the average individual’s share of economic output is shrinking.It is not a headline recession only because of rampant population growth, lifting aggregate output enough to prevent it.…

Two banks hike rates ahead of RBA decision

Two popular Aussie banks have hiked interest rates days before the Reserve Bank of Australia is forecast to set another increase. ANZ, Australia’s fourth largest bank, increased its fixed rates by up to 0.35 percentage points for both…

Government’s $500 handout revealed

Millions of households will secure up to $500 in energy relief in the budget to help cover the cost of soaring bills.Treasurer Jim Chalmers has confirmed that cost of living relief will be the centrepiece of the budget, but it will be…

Driving BMW’s M340i sports sedan

It even makes economic sense, in a roundabout kind of way.VALUEThere is an art – known in some circles as “man maths”– that involves convincing yourself that the more expensive version of a car represents prudent buying. Those man maths…

Toyota’s new hybrid SUV impresses

Toyota’s Corolla Cross expands the brand’s already comprehensive range of softroaders, slotting in neatly between the larger and more expensive RAV4 and the pint-sized Yaris Cross.VALUERecent price rises have diluted the value-for-money…