Episode Details
Back to Episodes
Budgets Under Fire: Rising Costs Crush Spending Power | Sydney News
Description
Household budgets are under siege as the March quarter delivered the worst spending power hit in over two decades—thanks to twin shocks of rising interest rates and skyrocketing fuel prices. Families with mortgages and gas-guzzling cars lost nearly $450 a month in discretionary spending, while renters saw a $180 dent. With another rate hike already in the books and global fuel prices climbing again, financial pressure shows no sign of easing—essential costs are swallowing more of paychecks, leaving little room for extras.
Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN:
advertise@thednn.ai
This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.
View sources & latest updates:
https://sources.thednn.ai/f6212db3ab37f046