Australians are being forced to take extreme measures to cope with the worsening cost-of-living crisis, including turfing their parents out of their homes, new research shows. An eye-opening study commissioned by customer-owned financial institution BCU Bank and conducted by YouGov found 39 per cent of people are struggling to coverContinue Reading
Facebook Marketplace is being flooded with scammers who are fooling Australians into handing over their hard-earned cash, and the value of losses incurred has tripled in just a year. News.com.au has spoken to a number of sellers who rely on the platform to offload household goods, furniture, second-hand clothing, artsContinue Reading
Australia’s major supermarkets have been accused of treating customer like thieves by rapidly expanding hi-tech surveillance inside stores, new analysis claims. As Woolworths and Coles face unprecedented scrutiny and grapple with mounting anger from shoppers, their growing security measures have been thrust under the spotlight again. And a new surveyContinue Reading
Chilling security camera footage shared to social media, sparking a flood of comments, reveals a threat to an increasing number of Australian households. Melbourne media personality Jacqui Felgate, host of 3AW’s Drive program, yesterday uploaded a clip to Instagram sent to her by a listener. In it, a man wearingContinue Reading
Australians who will miss out on generous tax cuts aren’t mostly wealthy company bosses or bankers, but ordinary hardworking tradies and small business owners, one economic commentator argues. Prime Minister Anthony Albanese today confirmed the government will water down Stage 3 tax cuts, taking money from those on higher incomesContinue Reading
A post in a popular personal finance forum sparked fierce debate about what’s considered a good salary these days, with many claiming six figures no longer cuts it. Not too long ago, an aspiration of many Australians just starting their careers was to reach the point where their annual payContinue Reading
The so-called ‘Great Australian Dream’ of owning your own home has become a nightmare for millions of people – and is only set to get worse this year. In previous generations, buying a pile of bricks was an achievement typically achieved in one’s late 20s to mid-30s, coinciding with startingContinue Reading
New research has revealed exactly how much money Australians need to make before they feel rich – and it’s no small sum. Financial comparison website finder.com.au conducted a survey that determined people would need a salary of $345,819 before they felt affluent. Unfortunately, that’s considerably more than the average personalContinue Reading
The cost-of-living chaos gripping many Australian households is worsening, with even those on six-figure salaries feeling high levels of financial stress, new research shows. The latest Bill Stress Index compiled by Compare Club found 30 per cent of all households are spending between 50 per cent and 70 per centContinue Reading
Just about everywhere you look, there are worsening signs that Australia is no longer the lucky country. From record-high rents to skyrocketing mortgages, a cost-of-living crisis to the alarming emergence of a ‘working poor’ population, the country faces an unprecedented storm of factors putting pressure on millions of people. AndContinue Reading