It’s Pay Day! The ABC’s new column where we ask Australians the money questions we don’t like to talk about. We aim to demystify personal finance and normalise conversations about what we earn and how we save it — or spend it. Jordan Gogos is a multi-disciplinary artist and the creative director behind Iordanes Spyridon...
Tag: cost of living
Post
Post
Australian Army Band offering musicians a rare full-time job opportunity – ABC listen
Rachel Mealey: It’s famously difficult to make a living as a musician, but for a select few, a gig with the Australian Army Band has proven to be a dream job. It’s a role that offers job security, audiences all over the country and a chance to travel the world. But it comes with some...
Post
There is a cheaper alternative to supermarkets, but most people don’t know it exists
It’s 5:30am on a cold Saturday and Paddy’s Markets Flemington, a fruit and vegetable market in western Sydney, is already buzzing. Trolleys weave through shoppers bargaining with cash in hand and traders shouting their prices. Josh Blythe and his son Chris have arrived with a mammoth task. “We are here to feed 12 families for...
Post
‘Nasty’ inflation numbers could deliver a rate rise despite retail discounting frenzy
Australia’s struggling retail sector has been given a glimmer of hope, with rolling sales encouraging shoppers to spend — but economists warn that it may come with the price of another interest rate hike by the Reserve Bank. The recent jump in retail spending, boosted by clothing and footwear retailers offering big discounts and earlier-than-usual...
Post
This shop saves tonnes of goods from going to landfill each year, and nothing has a fixed price
At Anglesea on Victoria’s Surf Coast, any goods dropped off at the local dump but deemed too good for landfill make their way to the “tip shop”. Tip shops, sometimes referred to as resale sheds or treasure chest shops, can be found at dozens of locations around the country. And as Australians continue to grapple...
Post
Aldi stores 25pc cheaper than Coles, Woolworths, Choice report finds
In short: Consumer advocacy group Choice says there is a difference of just 75 cents for the same basic grocery items at Coles and Woolworths. Choice found that German supermarket chain Aldi was substantially cheaper, with items around $15 less at the check-out. What’s next? Australia’s highly concentrated supermarket sector is the subject of a...
Post
Sleepout fundraiser amid ‘new wave of homelessness’ is a cause close to home for this executive
In short: Business executive Angelique Boileau, who experienced homelessness after World War II, will be participating in the Vinnies CEO Sleepout. The charity says demand has been greater than ever with shelters regularly turning away people. What’s next? This year’s event aims to raise $900,000, which the charity says could provide more than 8,000 nights...
Post
Millions of Australians facing financial difficulty, according to ASIC survey
In short: Millions of Australians are struggling to meet debt repayments due to the rising cost of living. An ASIC survey has found Australians facing financial hardship would prefer to sell their assets before they seek help from their lender. Lenders are legally required to offer assistance to customers struggling to meet their repayments. What’s...
Post
Rachel ‘hit the jackpot’ when she found meat for 74 cents. She posted the bargain online to help others deal with rising costs
Single mum of seven Rachel Gibson said “it felt like winning the lotto” when she saved more than $150 on a week’s worth of groceries. The 42-year-old stay-at-home mum thought she was “seeing things” when several packets of meat were marked down to as low as 74 cents, still days from expiry. The avid bargain...
Post
Skipping meals and working 80-hour weeks: Australians are holding down multiple jobs to ease cost-of-living pressures
In short: More than 970,000 Australians now work multiple jobs to make ends meet. The rate of people taking on more than one job was higher for women compared with men, according to the ABS. What’s next? One think tank is calling for changes to be made to the way people with more than one job are...
Post
What’s in the budget? Here’s every announcement that you’ll hear about later today
Treasurer Jim Chalmers will hand down his third budget on Tuesday night, but has been tempering expectations for weeks in the lead-up, warning Australians not to expect a “cash splash”. Inflation remains a key challenge for the government, and we already have a pretty good idea of how Mr Chalmers plans to use his budget to...
Post
More Australians are turning to op shops, but it’s not just the cost of living driving the trend
In short: Op shop chain Vinnies has seen over a 50 per cent increase in sales in the past financial year. In Victoria, 34 per cent more customers visited stores for second hand clothing and assorted household goods. What’s next? Industry leaders say the spike in visitors is likely due to cost-of-living pressures and a change in attitude to second...
- 1
- 2