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hang on22 jun 2026

did money really just do that?

your grocery billjust got alegal shield

via newsreel.com.au
what it means for you

so next time you're at the checkout, the government will be policing the price of your eggs.

tl;dr

from july 2026, a new law will ban coles and woolworths from charging excessive prices that don't match their supply costs.

the full story

the federal government is cracking down on the big two after years of public heat over the cost of living. the new rules target supermarkets with over $30 billion in revenue, making it illegal to charge huge markups that go beyond a reasonable margin. if they get caught gouging, they face massive fines of up to $10 million or 10% of their annual turnover.

this follows recent court findings that coles misled shoppers with its famous down down promotions. while the government is pitching this as a win for your wallet, the supermarkets are already warning that the extra red tape could actually push prices up. you'll want to watch the checkout screens in 2026 to see if the competition actually bites.

go deeper: how to shop sustainably in australia

the price of "nostalgia"climbs to $170

via au.rollingstone.com
what it means for you

that weekend festival vibe now costs a significant chunk of your weekly discretionary budget.

tl;dr

the "red hot summer tour" is charging $169.90 for general admission tickets to its 2026 reunion shows.

the full story

the red hot summer tour has announced a massive 2026 lineup featuring the first australian crawl reunion in forty years. while the nostalgia is high, so are the costs, with standard tickets starting at $169.90 plus fees. if you want to skip the queue or get a seat, the price climbs quickly to $219.90 for a fast pass or $269.90 for vip access.

this pricing highlights the growing pressure on live music as a luxury expense. for a twenty-something in melbourne, it means choosing between a single day of music or several weeks of smaller social outings. as production costs for these massive tours rise, the floor for what we pay for a 'big day out' is shifting permanently higher.

go deeper: why festival tickets cost so much

the real priceof your "impulse habits"

via youtube.com
what it means for you

even with rising bills, the average gen z aussie is dropping serious cash on unplanned buys.

tl;dr

australian gen z spend an average of $270 a week on impulse purchases, despite 82% reporting cost-of-living stress.

the full story

while the national average for impulse spending is about $81 a week, aussies born after 1997 are spending more than triple that amount. the ease of online shopping and one-click checkouts has made it harder to separate the things we actually need from the things that just look good on a screen at 11pm.

this habit is burning through over $14,000 a year for the average young spender. with the vast majority of gen z feeling the squeeze of inflation, there is a massive gap between how much we worry about money and where it actually goes every week. checking for small, recurring leaks in your budget might be more effective than just waiting for a pay rise.

go deeper: what i wish i knew about investing at 22

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hang on — 22 jun 2026 | inaam | inaam