You might have assumed a diner with jugs of beer and trays of chicken wings served by women in teeny tiny shorts would have been cost-of-living proof. Apparently not. The famous, perhaps infamous, Hooters restaurant chain has announced that it will close more than 10 per cent of its USContinue Reading
Hooters has abruptly closed dozens of “underperforming stores” across the US as cost-of-living pressures continue to affect spending habits. The chicken wings brand, best known for its skimpy uniforms, cited “pressure from current market conditions” for its decision to close an unspecified number of diners. Roughly 40 of the 300Continue Reading
Major Aussie supermarkets have been slammed over their “confusing” promotional labels, with one in four shoppers revealing they can’t tell if the prices they are seeing are a true discount or not. Consumer group CHOICE said shoppers were sick of “feeling like they are being tricked” by major shopping chainsContinue Reading
New tenancy reforms to provide certainty and stability to the long-term rental market have been slammed for not going far enough and “making things worse for renters”. On Wednesday, the WA government announced a raft of new laws to the Residential Tenancies Act that included $8.9m in funding to streamlineContinue 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
Prime residential properties in Australia are on the rise, and wealthy Aussie homeowners are redefining the idea of luxury living. Showcasing architectural brilliance, stunning landscapes and extravagant features, it’s no surprise the Australian real estate market is gaining attention from international and local buyers alike. In the past Australian homeownersContinue Reading
A short plane ride from here, a city once crushed beneath the weight of skyrocketing rents and eye-watering property prices has found a solution to the type of housing crisis plaguing Australia’s major cities. While bold and quite controversial, the fix was relatively simple, quickly implemented and highly effective, dramaticallyContinue Reading
Consumers used to have to wait until after Christmas for the sales, but we’re likely to see more items on sale in the lead up to Christmas this year, a new report has found. Cost of living pressures are expected to result in “consumers taking a more measured approach toContinue Reading
What does the future hold for Australia as it confronts the carbon emissions challenge head on? It was reported in September 2023 that the coal industry was ploughing hundreds of millions of dollars to pinpoint and develop low-emission technology to extend the life of crucial base load electricity generators andContinue Reading
Gas giant Chevron has bagged its wish for an expedited hearing into the enterprise bargaining dispute with workers threatening its West Australian operations. The Fair Work Commission on Tuesday booked in a full-bench assessment with Chevron and the Australian Workers Union and Electrical Trades Union for bargaining declarations on SeptemberContinue Reading