According to a YouGov survey published by News Corp Australia on Monday, 50 percent of respondents said the cost of food, petrol and household bills will determine how they vote in the election. The cost of living was followed by healthcare, the economy, and climate change as the next bigg...
Treasurer Josh Frydenberg on Tuesday night handed down the budget for the financial year 2022/23. He said the budget is focused on reducing cost of living pressures for Australians, with one-off 250 AUD (187.9 USD) payments for 6 million Australians. It also includes an increase of the Low...
Australian Govt Pledges $10 Billion in Budget to Ease Cost of Living More Reuters FILE PHOTO: Shoppers carry their purchases across a street in Sydney's central shopping district, March 15, 2017. REUTERS/Jason Reed SYDNEY (Reuters) - Australia's centre-left Labor government s...
Some workers have responded to the higher cost of living by working more than one job, with this rate reaching an all-time high of 6.6% last year. The impact of high inflation on the broader economy was lessened by the recent job boom, which has provided opportunities for people to either...
COST of livingENERGY industriesMONETARY policyFOOD pricesThe economy grew at a moderate pace in 2022–23 as Australians adjusted to rising costs of living. The aggressive tightening of monetary policy has eased inflationary pressure, but inflation remains high. Strong labour market performance has been...
1 As a result, more than 80 percent of Australians in our survey reported concern about inflationary and cost-of-living pressures, while 60 percent expressed concern about ongoing geopolitical conditions. Nearly 45 percent of consumers who decreased their overall spending pointed to inflation as an ...
support a mechanism that benefited only tertiary graduates. “I just can’t see how we can pick winners to that scale of money,” he told the ABC. “We’re in a cost-of-living crisis. We can’t just look after 3 million people. We’ve got to look after all 27 million of us.”...
But while Aussie shoppers are suffering, CommSec’s chief economist Craig James, says our cost of living pales in comparison with some other nations. “I don’t believe cost of living is worse here,” says James. “The standard of living must be equated with the cost of living and Aussie...
As things stand, Labor is likely to end up with 30 per cent of the national vote, or even less, at the next federal election. Playing it safe, and talking about the “cost of living” is unlikely to change that. What we need, above all, is hope for a better future and a shorter...
These money-cost estimates are used to show how much income families with different numbers and ages of children would need to achieve comparable standards of living. The procedure used here to estimate child costs falls under the large scale survey approach to estimation. The label large scale ...