Category Archive: Cost of Living

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Aug 06 2017

High Electricity Costs in Australia 2017

I have two problems with the report that says: Australian residential customers are paying the highest electricity prices in the world

  1. The definition of huge increases on July 1 2017, Mine went from 25.586 cents up to 26.961 cents, and increase of 5.37%, but the fixed charge dropped by 1.96% from $1.28117 down to $1.25609 per day.
  2. The quoted Queensland rate of 35.69 cents is a lot higher than the actual Queensland rate of 26.961 that Origin Energy have actually quoted, 32.38% higher than my real figure.

The EU average from that report is 29.95, Great Britain is shown as 31.34, while I pay lower than both at 26.961, in Queensland.

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Win a Luxurious home in Australia with Hometown Prize Draws.

For Books with Free Delivery to Australia, look at: BookDepository UK and USA

Aug 01 2017

Australian Aged Pension Rates 2017

Australian Aged Pension Eligibility:

If your birthdate is before 1 July 1952 you’ll be old enough at 65 years
If your birthdate is 1 July 1952 to 31 December 1953 you’ll be old enough at 65 years and 6 months

Australian SINGLE PERSON Welfare Based Aged Pension from July 2017
$808.30 Base Pension
$ 65.90 Supplement
$ 14.10 Clean Energy Supplement
$888.30 Total per Fortnight

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Win a Luxurious home in Australia with Hometown Prize Draws.

For Books with Free Delivery to Australia, look at: BookDepository UK and USA

Jul 04 2017

Cost of Living Index 2017 UK – Australia

General Cost of Living Index 2017
Rent Cost of Living Index 2017
Groceries Cost of Living Index 2017
Restaurant Cost of Living Index 2017

UK to Australia Comparisons

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Win a Luxurious home in Australia with Hometown Prize Draws.

For Books with Free Delivery to Australia, look at: BookDepository UK and USA

Aug 18 2016

Price of Port in Australia

Port Wine Prices in Australia These prices were taken on 18th August 2016. They show the current price for bottles and casks of Port wine from one of the major Beer Wine and Spirit stores in Australia. Prices vary from between $5.50 per Litre for a cask of Golden Oak Australian Port Tawny Port Cask …

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Aug 13 2016

Cost of Living In Australia August 2016 Update

The Cost of Living in Australia can be High or Low Many people say that the Cost of Living in Australia is very high, but exactly how high is it? The answer is not easy to say because we are all different.  It can be very high, expensive cars (Porsche  /Mercedes), eating out at the …

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Jun 12 2016

Australian Aged Pension Rates 2016

Australian SINGLE PERSON Pension
$794.80 Base Pension
$ 65.00 Supplement
$ 14.10 Clean Energy Supplement
$873.90 Total

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Jun 12 2016

Cost of Living Rankings Comparisons

Australia versus United Kingdom Cost of Living comparison There are a few Cost of Living ranking sites available to compare the cost of living in each country, with one, Mercer, being very popular. In this page we compare two sites with the following 2015 Rankings.  Both have London followed by Sydney as the two most …

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Feb 26 2016

Average Earnings in Australia November 2015

Average Earnings (Full Time) in Australia rose to $80,927 per year in November 2015
Males $87,807 Annual
Females $69,981 Annual

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Jul 20 2015

Cigarette Prices in Australia

Average price of a packet of 20 Cigarettes in Australia is $19.80 in March 2015

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Jun 21 2015

Mercer’s 2015 Cost of Living Survey

The 2015 Cost of Living survey from Mercer London is again rated in the Top Twenty Most Expensive Cities in the World at position 12, with Birmingham being the next UK City at position 80. (Manchester is not listed on the results).  In between these two come 6 Australian Cities, with Sydney, at position 31, …

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Mar 30 2015

Sydney or London, which has the cheapest cost of living

Comparative Cost of Living between London and Sydney, comparing costs to Average Income after tax Using data from www.numbeo.com, for the two cities of Sydney and London in March 2015, we compared each Cities costs to the Average after tax Income for each city, and calculated which items were cheaper, as a percentage of the …

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Apr 16 2014

Australian Aged Pension Rates 2014

Australian Aged Pension Rates 2014 The Australian Aged Pension was increased on 20th March 2014, and the new FORTNIGHTLY  rates are now: SINGLE PERSON $766.00 Base $ 62.90 Supplement $ 13.90 Clean Energy Supplement $842.80 Total This is an Increase of $15.70 per fortnight COUPLE (each) $577.40 Base $ 47.40 Supplement $ 10.50 Clean Energy …

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Mar 23 2014

OECD Hourly Earnings Index

A report produced by the OECD shows an index of changes in the Hourly Earnings from 2010. These figures show the change using a base index of 100 in 2010   Index  2013 Quarter 4 114.6 Australia 104.1 Canada 114.9 Czech Republic 106.1 Denmark 108 Finland 127.5 Hungary 102 Ireland 111.2 Israel 107.4 Italy 123.7 …

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Mar 23 2014

One in 10 Australians say they cannot afford to buy enough food..

A report from the Guardian newspaper states that “One in 10 Australians say they cannot afford to buy enough food..”  and that “Relative poverty in Australia is higher than the OECD average”. How accurate is this and what does it mean ? The OECD’s Society At A Glance report revealed that 14.4% of Australians live on less …

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Mar 23 2014

Australians have 4th highest Disposable Income in the world

According to the OECD, Australians have the 4th highest disposable Income in the world AND the 3rd highest average wage. Disposable Income: 2012 USD  Full Time     Disposable Income Country 1  $                      38,753  United States 2  $                      38,210  Ireland 3  $                      33,373  Luxembourg 4  $                      33,319  Australia 5  $                      32,066  Switzerland 6  $                      31,501  Canada 7 …

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Aug 31 2013

Median Income and House Prices Australia. 1984 and 2012

A comparison between 1984 and 2012, showing how median family incomes and median house prices have risen, during those 28 years.
In 1984 a 3 bedroom, 1 bathroom and 1 garage property was 3.36 times the median income
In 2012 a 4 bedroom, 2+ bathroom and double garage property was 7.289 times the median income
People are choosing to pay a lot more for newer and larger houses.

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May 19 2013

Australian Baby Bonus

The “baby bonus”, or Maternity Benefit, is a government payment for each child born to an Australian Citizen or Permanent Resident in Australia. Information at May 2013: baby bonus is a non-taxable, income tested payment of $5,000 per eligible child paid in 13 fortnightly instalments. baby bonus is payable if your family’s estimated combined adjusted …

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Dec 04 2012

Australian Interest Rates cut again December 2012

At the December meeting of the Reserve Bank of Australia meeting today, 4th December 2012, it was decided to reduce the cash rate by 25 basis points to 3.0 per cent, effective 5 December 2012. Media Release: www.rba.gov.au The Banks reactions: 5th December 2012 Bank of Queensland (BoQ) reduced borrowing rates by 20 basis points  from …

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Jun 28 2011

Food Prices UK and Australia in 2011

Woolworths Prices 28th June 2011

A few comparisons of Food prices in the United Kingdom and Australia in June 2011. United Kingdom: Tesco Supermarket The four groups of food above show the following prices from: www.tesco.com on June 28th 2011 £0.60 Tesco Medium Sliced White Loaf 800g £0.08 per 100gm £1.40 Warburtons Farmhouse White Bread 800G £0.18 per 100gm £1.49 Tesco Whole …

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Jun 14 2011

Queensland Ambulance Levy

The Queensland Ambulance Levy will be scrapped following the June 2011 Queensland budget. This levy was charged with everyone’s electricity bill at a rate of about $113 per year. It was introduced in 2004 to cover the cost of providing FREE ambulance service to Queensland residents. The government has confirmed that ambulance services will remain …

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