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

Fuel price spikes trigger protests in several countries

New cost of living data for September 15 reveal retiree outlays rose after energy and insurance costs increased. Nearly half of Australians in shared rental housing are at least 40 years old. International petrol price jumps triggered protests in multiple countries. In Syria, price hikes caused the widest demonstrations since Assad fell.

Australia is under economic pressure amid the breakdown of global trade rules, according to Nine.com.au. A Guardian report said the Iran war cost the United States $38 billion and drained its missile reserves.

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