They won’t make you rich but there are simple steps to take to ease the pressure on your finances when you are earning less money than you owe.
Academic rigor, journalistic flair
Articles on cost of living series
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We hear a lot about the negative impact of rate rises on mortgage repayments while little is made of the benefits of high interest rates.
Mortgaged households have faced a 17.5% increase in living costs over the past two years, compared to 10.8% for households who rent.
While the pandemic and Ukraine war are key contributors to the cost of living crisis, climate change has also had a role to play.
Official data confirms what we are all experiencing - the cost of most things has jumped. So how is this measured and where are the biggest increases?
Top contributors
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Associate Dean - School of Business and Law, Edith Cowan University
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Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
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Associate Professor, Centre for Social Research and Methods, Director, Centre for Economic Policy Research (CEPR), Australian National University
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Lecturer in Economics, Monash University
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Lecturer, Department of Accounting, Finance and Economics, Griffith University
