News
Consumer sentiment in focus as spending gathers steam
2+ hour, 28+ min ago (429+ words) Australian households are ramping up spending despite diminishing hopes of rate cuts, setting a challenge for the Reserve Bank to bring inflation under control. Consumer sentiment figures, released by Westpac and the Melbourne Institute on Tuesday, will provide an insight…...
‘Unfair’ petrol price hike hits one state just before Christmas
3+ week, 2+ day ago (523+ words) Queensland motorists are being slammed at the bowser as petrol prices are jacked up across the state. About 30 per cent of the state's retailers have pushed up prices, with some in Brisbane selling fuel for to up to $2.16 per litre....
Cheapest grocery prices revealed for Christmas parties
3+ week, 6+ day ago (313+ words) A large gulf in the cost of groceries remains between Aldi and the major supermarkets, ahead of rules cracking down on price gouging coming into effect. The latest quarterly survey of supermarket prices by consumer advocacy group Choice found Aldi…...
Coles and Woolies blast new supermarket price gouging laws
4+ week, 1+ day ago (631+ words) The Albanese government has officially announced a ban on supermarket price gouging following a damning report from the country's competition watchdog. Sunday's announcement comes after the Australian Competition and Consumer Commission (ACCC) earlier this year released its findings from its…...
Scrooge RBA rate freeze as Aussies battle cost of living crunch at Christmas
1+ mon, 3+ day ago (760+ words) The Reserve Bank has held the official cash rate at 3.60 per cent, extending a year of uncertainty for households and businesses as cost-of-living pressures continue to climb as we head into the holiday season. The decision, widely expected by economists…...
No early Christmas present for families as RBA leaves cash rate on hold
1+ mon, 3+ day ago (179+ words) There will be no early rates present for mortgage holders this Christmas, with the Reserve Bank of Australia leaving the cash rate unchanged at its final meeting of the year. The monetary policy board delivered its decision on Tuesday, with…...
First home buyers race for more space as off the plan apartment sales surge
1+ mon, 3+ day ago (733+ words) Australia's apartment market is entering a new phase, with buyers increasingly prioritising larger, higher-quality homes and showing a greater willingness to spend more for the right property. New off-the-plan data from AD Group's FY26 Q1 Market Insights shows that demand for units…...
Rise in buying direct from farms as more Aussies ask: ‘Where does my food come from?’
1+ mon, 6+ day ago (749+ words) More Australians are choosing to buy direct from farms and food wholesalers in a search for better quality, price and confidence in the origin of what they are putting on their dinner plates. Recent studies have shown shoppers are willing…...
‘Off the table’: Bleak news for Aussie homeowners as new figures arrive
1+ mon, 1+ week ago (599+ words) Australia's economy grew at its fastest pace in two years on the back of a rebound in public spending. The nation's gross domestic product grew by 0.4 per cent in the September quarter, lifting the yearly growth rate to 2.1 per cent,…...
Inflation surges as energy rebates run out of gas
1+ mon, 2+ week ago (425+ words) Inflation has surged to 3.8 per cent, above analyst expectations, as energy rebates dropped off and housing costs climbed. Although the monthly consumer price index was flat in October, a fall in inflation a year prior resulted in the annual figure…...