Category Archives: Cost of living crisis

Australia news live: Brisbane fog causes flight delays; Labor faces seven major challenges, Chalmers says

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Treasurer says ‘parties of the sensible centre and the centre-left parties’ face ‘serious economic challenges’. Follow live

Self-reported domestic violence incidents declining in NSW but deaths and hospitalisations fail to fall

New data shows self-reported domestic violence incidents in New South Wales have declined, but the number of women and children murdered or hospitalised in domestic and family violence incidents over the past eight years has not significantly budged.

The decline in self-reported violence is significant because it reflects underlying levels of violence in the community, not just what is reported to police. It suggests that, despite rising reports of domestic violence to police, domestic violence in the community is not increasing and may be trending down.

There’s a strong perception that violence against women is rising, which is understandable given increases in police-recorded incidents, heightened media attention and greater public awareness.

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UK inflation falls by more than expected to 2.6% in lift for Andy Burnham

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Annual June figure comes after new PM pledges to reduce cost of living and improve economy

UK inflation dropped by more than expected in June to 2.6%, in a boost for Andy Burnham’s plans to reduce the cost of living.

The new prime minister has pledged to bring down the cost of living to give households more disposable income and improve the outlook for the economy, announcing a winter VAT cut on electricity bills and lowering the cap on bus fares in England.

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Feeding the future of France: Rollout of €1 meals an attempt to help struggling students

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It’s a thumbs up from the country’s 3 million students, who can now buy cheap meals up to twice a day

Where in France can you get a nutritious and balanced three-course meal for €1?

If you are one of the country’s estimated 3 million students in higher education, the answer is: the university restaurant or cafe.

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Milka maker milked shoppers over size of chocolate bars, German court rules

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Brand owner Mondelēz was accused of reducing weight of Alpine Milk bar from 100g to 90g without significantly altering the packaging

Many chocolate lovers consider shrinkflation a serious crime – and they have been vindicated after a German court ruled that the makers of Milka cheated consumers by cutting the bar’s size, while keeping the wrapper the same.

The three-week case in a regional court was brought by Hamburg’s consumer protection office. It accused the chocolate brand’s US owner Mondelēz of deceiving shoppers by cutting the weight of Milka’s classic Alpine Milk bar from 100g to 90g without significantly altering the distinctive purple packaging.

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Has Labor’s tax reform killed ‘rent-vesting’ for young Australians seeking a foothold in the housing market?

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Changes to capital gains tax and negative gearing will make the strategy of renting in a preferred area while buying a cheaper property elsewhere less attractive, experts say

Rent-vesting – a popular strategy used by young Australians to save for their first home – could be killed off by Labor’s tax changes on investment properties, experts warn.

Renters have used the strategy to keep living in their preferred area while buying a cheaper property elsewhere, hoping it will rise in price so they can sell and put the profits towards their first home.

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Federal budget 2026 winners and losers: rich families, overseas travellers and illegal tobacco – summary

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Taxpayers and first home buyers are the winners in Labor’s 2026 budget, while rich families could be among the losers. Find out who is better off and who is worse off in Chalmers’ budget

Being a winner or a loser from the federal budget can be the difference between hundreds of dollars – or tightening your belt even further.

Tuesday’s federal budget comes at a strange time. Donald Trump is waging a war on Iran that is impacting fuel supplies globally, including Australia. Inflation is still causing havoc on household budgets. Government programs are costing more than ever.

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Uber adds fuel surcharge for non-EV fares in Australia amid petrol price rises

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Trips in electric vehicles will be exempt from the temporary fee of 5 cents a kilometre, rideshare firm says

Uber customers in Australia will be charged a fuel surcharge for almost two months from Wednesday unless they ride in an electric vehicle.

Trips in petrol, diesel and hybrid vehicles will attract an extra fee of 5 cents a kilometre from 15 April to 8 June, Uber announced on Monday.

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New relief for households being considered as Albanese government warns of ‘long tail’ from Iran war

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Catherine King says while peace talks were ‘best chance’ at lowering fuel prices, further help may be included in budget

The Albanese government is contemplating further relief for struggling households and businesses in next month’s federal budget, as peace talks continue between the US and Iran amid a fragile ceasefire.

The infrastructure minister, Catherine King, said the success of those talks was the “best chance” at bringing down fuel prices. But she warned there would be a “long tail” from the crisis even if the strait of Hormuz – which was still being blocked by Iran and strangling global oil supplies – reopened imminently.

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Chalmers warns of ‘more polarising politics’ – as it happened

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Seven-year-old girl drowns at swimming spot on Brisbane River

A seven-year-old girl has drowned at a popular swimming spot on the Brisbane River in the south-west of the city, AAP reports.

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Debit and credit card surcharges to be removed in Australia by October

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Treasurer Jim Chalmers says changes will help with cost of living and ‘Australians hate paying’ the surcharges

Debit and credit card surcharges will be gone by October under Reserve Bank reforms, with big banks likely to foot the bill for the cost-of-living measures.

The new rules, announced on Tuesday, will enable businesses to remove added fees on Mastercard, visa and eftpos card payments.

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‘Political Band-aid’: cutting Australia’s fuel excise could make petrol shortages worse, economists say

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Fuel tax cuts also risk adding to inflation by enabling some households with enough income to spend more

Fuel excise cuts would be a “political Band-aid” that could worsen petrol shortages and add to inflation, economists have warned.

The mining billionaire Gina Rinehart, Tasmania’s state premier and Liberal opposition leaders in New South Wales and Victoria have called for the Albanese government to cut the excise on petrol and diesel.

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Australian banks ignore thousands of customers’ hardship requests

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Exclusive: Automated systems have generated ‘cookie cutter’ responses that fail to account for individual circumstances, financial watchdog says

Banks are outright ignoring or offering “cookie cutter” responses to a rising number of hardship requests from struggling customers, despite repeated regulatory crackdowns.

Nearly 2,900 customers complained their bank had failed to respond to pleas for assistance in 2024-25, new data from the Australian Financial Complaints Authority (Afca) showed.

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Millions of Australians eligible for 5% first home buyers scheme may be unable to afford repayment

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Greens and experts argue policies that let first home buyers spend more than usual only creates more expensive housing – without lifting the proportion of homeowners

Millions of Australians eligible to take up the federal government’s new 5% deposit scheme could be unable to afford mortgage repayments, new analysis has shown.

Data compiled by the Parliamentary Library and commissioned by the Greens shows of the 3.8 million Australians in the top 10 most common professions in Australia, the vast majority would be unable to afford mortgage repayments on the median Australian home without falling into housing stress.

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Australian property investors squeezing out first-time buyers as record borrowing and rate cuts drive purchases

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Pressure on first home buyers heightens as investors target lower-priced homes and more affordable regions

Property investors borrowed a record sum, nearly $130bn, to buy homes over the year to June, supported by interest rate cuts but squeezing out first-time buyers.

Banks made almost 200,000 new loans to landlords over the year, the most since 2022, while the number of new first-home mortgages slipped to 116,000.

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Melbourne’s Savage Club to allow ‘lady guest’ diners as cost of living strikes men-only haven

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Falling attendance at club’s dining rooms is ‘uneconomic and dispiriting for staff members’, president says, as six-month trial starts

“Lady guests” will be welcomed into one of Australia’s oldest private clubs as the cost-of-living crisis pushes the men-only Melbourne Savage Club into a six-month trial of mixed dining.

In a survey of the club’s members last year, just 2% (four men) of respondents voted in favour of admitting women as card-carrying members, but they were keen to allow an increase in guests.

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One million Australians missing specialist doctor appointments due to cost, report finds

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Grattan Institute finds one in 10 Australians now paying $600 a year for specialist appointments

One in 10 Australians pay almost $600 each year to see specialist doctors, with 1 million delaying or skipping appointments due to the cost, according to new analysis.

A report by the Grattan Institute, released on Monday, revealed outpatient fees have soared over the past 15 years. The average initial out-of-pocket psychiatrist fee was $671 in 2023, with some “extreme fee” specialists charging more than triple the scheduled Medicare fee. It found almost 2 million Australians are delaying or skipping specialist appointments each year – about half due to cost – adding pressure to the country’s hospital systems.

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Energy bills to rise by up to 9.7% as Australian regulators approve price increases

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Hundreds of thousands of households in line for electricity bill increases with NSW customers on standing offers facing steepest rise

Power bill increases of upwards of 9% have been locked in for some Australian households as energy regulators make a final call on safety net prices.

Caps on what retailers can charge households and businesses in NSW, South Australia, south-east Queensland and Victoria are designed to protect the hundreds of thousands of customers who tend to set-and-forget their power plans.

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Anywhere but Canberra: meet some of the voters who will decide Australia’s 2025 federal election

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Guardian Australia spoke to a range of people all across the country to ask about their lives and perspectives ahead of Saturday’s ballot

Over the past three months, Guardian Australia has been speaking to ordinary people about their everyday lives – their families, work, hobbies, stressors and hopes.

These interviews have formed our Anywhere But Canberra series – a portrait of what different people across the country are dealing with in the lead up to the federal election. We wanted to see how people’s lives and perspectives shaped their votes.

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Groceries are getting more expensive at Woolworths but cheaper at Coles, report finds

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Choice price tracker finds cost of shopping at Aldi barely changed between March and December 2024 in quarterly assessment of 14 common items

The cost of groceries at Woolworths has gone up even when factoring in specials, while prices at Coles decreased and Aldi’s remained relatively stable, according to Choice’s latest supermarket price tracker.

The consumer advocacy group has released its fourth quarterly report, funded by the federal government, into supermarket prices, which it assesses by purchasing a basket of 14 common grocery items from different stores.

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PBS-listed medicine to cost no more than $25 a script if Labor re-elected

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Election pledge part of Albanese’s focus on cheaper medicines as a cost-of-living measure that will also help reduce inflation

A re-elected Labor government would reduce the price of PBS-listed medicines to no more than $25 a script, in a major new election pledge to be included in next week’s budget that builds on Anthony Albanese’s focus on cheaper medicines as a cost-of-living measure.

With the formal election campaign to start within weeks, where Labor will focus strongly on health as a key issue, Albanese will on Thursday deliver a major speech promising that four out of five medications on the Pharmaceutical Benefits Scheme would become cheaper under the plan which would cost the government $689m.

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