Finance guru Mark Bouris has urged people suffering repeated interest rises to "hang in there", predicting a recession will bring some relief in coming months.
Architect Michi Moses, 31, lives in what has been found to be one of the coldest homes in Australia. She's joining a call for regulations around heating in rentals.
Bargain-hungry shoppers are being told to expect a flurry of big discount promotions over coming months as retailers battle it out for a dwindling pool of disposable income.
About 70 per cent of Australia's mortgage holders are worried about meeting their repayments, with younger people feeling the pinch in particular, new research has found.
The end of financial year is almost here, which means a lot of Australians are turning attention to their tax return as a way to get a welcome boost to their hip pocket amid the cost of living crisis.
"While you can lodge from July 1, there is a much higher chance that your return will be missing important information if you lodge your return before late July," ATO Assistant Commissioner Tim Loh explained.
Nearly three quarters of Australians have swapped popular brandname items for their generic alternatives in the past 12 months to ease the strain on their household budget.
Aussies are sitting on a smartphone stash estimated to be worth $5.7 billion in cash, at a time when cost of living pressures are at a record high, a new survey shows.
Households all across Australia are bracing themselves for increases to their power bills when the new financial year kicks in. But not all rises are equal.
Customers say they have been left in shock after being told that they'll be hit with a massive hike to their electricity rates next month - with some facing increases of up to 83 per cent.
The opportunity to get an extra few hundred dollars from a tax return is a welcome prospect for the millions of Australians struggling with the cost of living crisis.
Australia's major banks have downgraded their forecasts for economic growth as cash strapped consumers tighten their belts in response to continued interest rate rises.
Electricity prices in Australia are now among the highest in the world, with our bills eclipsing averages in the US and still showing no signs of slowing.
Queensland Treasurer Cameron Dick has announced a record surplus of more than $12 billion and offered $1.6 billion in new and expanded concessions to tackle cost-of-living pressures in his 2023-24 budget announced today.
Inflation of 2.2 per cent. Interest rates at 1.5 per cent. It's a scenario that seems too good to be true for Aussies struggling with the cost of living crisis.
A city council is set to launch an emergency fund for locals unable to pay their rent amid the cost of living crisis - and a tax on Airbnbs could help fund it.