Business

High costs eat into budget

Long-time Mackay couple Jeff and Trish Fisher disagree with the report, saying they were far better off in the 1980s, particularly when it came to rent. Meeting the cost of living in Mackay has become a major struggle for low to average income earners and those new to the region.
Long-time Mackay couple Jeff and Trish Fisher disagree with the report, saying they were far better off in the 1980s, particularly when it came to rent. Meeting the cost of living in Mackay has become a major struggle for low to average income earners and those new to the region. Lee Constable

YOU'RE $224 better off now than you were in 1984 - you just don't know it.

According to the Income and Wealth report by AMP.NATSEM, Australians' income has risen by at least 22% in the past 28 years.

But the cost of electricity, petrol, rent and public transport has risen by a combined 971%.

Meeting the cost of living in Mackay is a struggle for low to average income earners, Regional Social Development Centre social development director Deborah Rae said.

"You have to consider the situation in Mackay," Ms Rae said.

"The fact is the cost of living in Mackay is very high.

"Reports have shown the costs of some foods are higher in this region and we have to pay more to access services.

"For example, having to travel out of the region for medical specialist appointments; that will incur additional costs."

New residents were also suffering, Ms Rae said.

"People who come to the region don't have the same support (here) as they did (before moving)," she said.

"They have to pay for services like babysitting.

"More people also have to pay for house cleaning or dog walking, because they're too busy."

East Mackay couple Jeff and Trish Fisher said their children were still living at home, partly as a result of Mackay's high rental prices.

"When my first child was born in the '80s it was much cheaper," Mr Fisher said.

"Renting a two-bedroom unit was $200 a week.

"But now it's about $300-$400 (in Mackay). So someone's making a lot of money."

Mrs Fisher said their family's private health insurance payments had risen.

"I've got to pay $250 up front.

"Our 21-year-old daughter is a part of that membership," she said.

 

PRICE SHIFTS SINCE 1984

  • Tobacco has increased by 9.2%
  • Medical and hospital bills have increased by 7.2%
  • Spirits prices have risen by 4.9% as has fruit and secondary education
  • Audio visual and computing equipment has fallen by 8.1%
  • Sporting and camping equipment has dropped by 0.12%

Topics:  bills, budget, costs, electricity, federal budget 2012, food, income, rent




Latest deals and offers

Diva's sister on soliciting charge

FILE - In this May 14, 2016 file photo, Mariah Carey attends the 27th Annual GLAAD Media Awards, in New York. Carey will appear on the Oct. 5 episode of the Fox series, \"Empire,\" the network confirmed Monday at a TV critics bi-annual press tour. (Photo by Charles Sykes/Invision/AP, File)

Mariah Carey's sister has been arrested on charges of prostitution.

Tom Cruise private jets his gym kit around the world

Tom Cruise

Tom Cruise charters private to take his gym kit around the world

Movie behind Depp and Heard split to be released

Soon you'll be able to see the movie that ended the marriage

Bindi's boyfriend helps release huge croc

Chandler (far right) helped the jump team.

Chandler Powell helps catch Duncan the croc

Mick Jagger to pay £2.5m to the woman carrying his baby

Mick Jagger is reportedly paying millions to pregnant ballerina

Navy man Keller ready to marry a perfect stranger

Former Navy engineer Keller is a participant in season three of Married At First Sight.

Tattoos are just the surface of Married At First Sight groom.

REVEALED: Pat Rafter's $18m Coast house on the market

Check out the photos of the Coast's most expensive property for sale

The "correction we had to have" in Gladstone's rentals

UPWARD MARCH: The rental vacancy rate in Gladstone has improved for the first time in more than a year, providing a confidence boost in the market.

Vacancy rates improve with signs that things are getting betterF

ISLAND FOR SALE: Cheap Fraser Coast island drops price again

Suna Island in the Great Sandy Strait will be auctioned by Ray White Hervey Bay on Saturday morning.

This is the cheapest island you will find for sale in Australia

How a family home can fit on a 250sq m block

This is what you can build on 250m2.

Here's the floor plan of a home built on 250sq m

$100m plan for Curtis Island 'world class' luxury resort

$100 million resort: Top views at Turtle Street at Curtis Island.

"At the moment we think it meets all the town planning approvals.”

Noosa mayor on "red alert" over planning court decision

Mayor Tony Wellington hands down his first budget.

Mayor upset at lack of say about look and feel of Noosa