Cost of Living
Cost of Living
Food giants were starting to cut prices. Then the war began.
Fertilizer disruptions from the Strait of Hormuz closure are pushing grocery prices up 8% in some countries, just as households were getting relief.
Consumer Affairs
Supermarkets Face Prosecution for Price Gouging From July
Australia's first excessive pricing regime for supermarkets starts July 1, 2026. The ACCC will be able to prosecute retailers charging more than cost of supply plus a reasonable margin.
News
The RBA Says It Might Need a Recession. For Families Already Drowning, That's No Comfort
Consumer confidence has crashed to pandemic-era lows as households absorb a second consecutive rate hike. The Governor warns worse may come.