Went to Coles last week and conducted what I would consider a modest food shop
3 bags of groceries totalling $240
Nothing fancy... just some basics!
Holy dooly...expensive much.
Today I read that the median rent for a house in Greater Sydney is north of $700 :o
So one would assume after purchasing food for the week there would be no change or very little left out of $1000.
Scandalous!
For those pensioners and first home buyers the situation is dire.
Even in the 'regions' rent values are high, as is the cost of food/ fuel.
Other costs like childcare,insurances etc have also sky-rocketed.
Comforting though that Banks are still making record profits :rolleyes:
The RBA governor asserts thats a wonderful thing too...at the expense of struggling hard working Aussies :~
Of course anyone earning $1,000,000 a year is not going to feel much pain at the supermarket checkout I suspects.
A lot of people are hurting atm
My belief is that things are going to get a damn side worse.
So glad I don't have have to pay rent any more (though still have to fork out for rates)
For that I am most grateful...it allows me to be able to eat!!
Log Dog :)