Few among us would not have felt the sting of a surcharge for using debit and credit cards,but the cost of banknotes and coins is a real and growing concern.
The use of physical currency has plummeted in recent years,but Australians will still be able to use it to buy essential items into the future.
Driving around has become cheaper,but the fun stuff – holidays and recreational activities – are probably setting you back.
A smaller-than-expected rise in prices through the September quarter has brought inflation down to 2.8 per cent – but it’s not enough for the Reserve Bank.
Treasury modelling suggests a sustained 10 per cent increase in the oil price over a year would add about 0.4 of a percentage point to the inflation rate.
Australian drivers face a heightened risk of petrol prices climbing yet again if fighting in the Middle East intensifies and disrupts oil supply.
A key measure of inflation has fallen to its lowest level in almost three years,with prices falling during winter.
After mortgage or rental payments,vehicles are easily one of the biggest expenses we now have. And bigger is not always better.
Petrol prices at the bowser are primed to fall in coming months as a slowdown in major economies reduces demand for oil.
Annual inflation has eased to 3.5 per cent in another sign that price pressures are starting to ease across the economy.
A motorist buying 50 litres of regular unleaded petrol a week last year could have saved hundreds of dollars by putting in place certain strategies.