Cost of Living

Around 2.6 million Australians will get a pay rise at the start of next month after the Fair Work Commission decided to increase the minimum wage.

One of the country's leading financial institutions says hard work hasn't made older people better off than young generations.

Two groups of Australians are under the most widespread financial pressure, a new ASIC report finds.

With the cost-of-living crisis deterring patrons and escalating tax bills and insurance premiums leading to closures, the sector has united to say "enough is enough".

Availability for rental properties costing $400 a week or less has dropped from 49.2 per cent to 7.8 per cent

Experts had been expecting a fall. Instead, they got a rise.

The Carringbush Hotel will close its doors on Sunday, it said this week - a victim of the current fiscal pinch.

The sales come as retail profits take a nosedive as shoppers cut back on discretionary spending in the cost of living crisis.

Police believe it's not just a state problem, but a national trend attributed to a range of socio-economic factors.

The six-month trial will come into effect on August 5 to alleviate congested roads and cost of living pressures.

Bridget's road to an endometriosis diagnosis was not only lengthy, but one that had impacted her employment and financial security.

People are lining up for hours for fresh fruit and children are being kept home from school because there's nothing for their lunch box.

"Don't just stick to what you've always known, because you could be getting ripped off."

Many Australians over 60 have spent more on travel and dining out in the last year, while people in their mid-to-late 20s have pulled back on their spending, new research suggests.

We've been hearing about the health benefits for years but during a cost-of-living crisis, high prices can put olive oil out of reach.

A damning report has found a third of home loan customers facing financial hardship end up dropping their requests for help because their bank's application process is so difficult.

A new poll shows Australians are largely unmoved by the federal budget, and it has failed to give the Albanese government a bump in support.

A New South Wales business group is calling for the reinstatement of dining vouchers to provide a boost to cafes and restaurants struggling with the cost of living crisis.

The home is designed so it can be constructed solo, by most able-bodied people.

While the streaming giant has updated its website with the new prices, many existing users haven't received any communication about the hike yet.

Rachael drained her superannuation fund to zero when her kids were growing up. Now she regrets it.

A small and unassuming café in a suburban Melbourne street is attracting a growing fan base thanks to its inflation-defying prices.

Experts said not being able to comfortably afford rent played a factor in kids staying at home for longer

Everyone in the country is going to benefit from the $3.5 billion package – and it's going to have a big impact on inflation.

The government is today scrambling to defend wealthier Australians receiving the payments announced in the budget.

Depending on where you look, Jim Chalmers is a "money spinner", inflation dragon tamer or a clown whipping up ballon animals for all.

Treasurer Jim Chalmers is confident his third budget will put downwards pressure on inflation, even with $7.8 billion in cost-of-living relief on the way for Australian households.

It's the Reserve Bank governor's interest rates trigger finger that has shaped the treasurer's thinking.

Labor will commit $1.9 billion over five years to provide cost-of-living relief for one quarter of Australian renters.

The federal budget is being touted by Treasurer Jim Chalmers as being for "every Australian". But as ever, some are better off than others.

Australians have dug ever deeper into their pockets as the cost-of-living crisis continues to squeeze.

From tax cuts to debt relief, there are a range of cost-of-living measures that'll be announced by Jim Chalmers.

Tonight's budget will include new power bill relief for every household in the country and one million small businesses.

The nation's biggest bank says household spending in April was 1 per cent lower than in March, and had only increased by 2.6 per cent over the previous 12 months – comfortably lower than inflation.

The prediction, if accurate, would likely have a very welcome impact on interest rates.

It comes as the public's trust in supermarket giants, Woolworths and Coles plummeted to a seven-year low, following a Senate inquiry into price gouging.

The government will commit billions in super contributions for paid parental leave and to strengthening Medicare in next week's federal budget.

9News has crunched the numbers to find out how much Western Australian residents will save.

Queenslanders have been warned to brace for more rent hikes, with housing supply still not keeping pace with demand.

The six-month inquiry has led to 14 recommendations, including outlawing "the charging of excess prices (otherwise known as price gouging)".

A possible $121-a-week increase is on the cards following comments by Treasurer Jim Chalmers today.

More than three million Australians are expected to have their student debt cut in the federal budget as a part of measures to ease cost of living pressures.

Rising interest rates have cost mortgage holders a staggering $60 billion in under two years, new research has found.

Last year, Chani was working 10-hours days as a Japanese teacher in a Brisbane high school. Now her life could not be more different.

The Queensland government says it is the biggest-ever cost of living initiative by a state.

Speaking exclusively to 9News, Andrew Irvine revealed while rates could come down in November, the RBA may wait until 2025 to make its first cut.

Ahead of May's federal budget, 9news.com.au looks at an average Aussie family's weekly bills.

Brisbane venue The Zoo will close its doors in the coming weeks in the latest blow to Australia's live music industry.

More than half of our most vulnerable have skipped meals because they cannot afford to buy food, new research has found.

About 67 per cent of Australians don't feel their superannuation is in a good position for their age.