Retiree costs jump amid higher electricity, insurance prices - financialnewswire.com.au

Nearly half of older Australians rent in share houses

The latest cost of living figures for September 15 show retiree costs jumped after energy and insurance costs increased. Nearly half of Australians living in share accommodation are at least 40 years old. Global fuel price spikes sparked demonstrations in several countries. In Syria, price hikes led to the most widespread demonstrations since Assad fell.

Australia is experiencing economic stress with worldwide trade rules falling apart, according to Nine.com.au. A Guardian report said the Iran war cost the United States $38 billion and exhausted its missile inventory.

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