Yesterday's rate rise came as no surprise but today there'll be some families preparing brand new budgets as two of the big four banks raised their interest rate levels.
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ANZ and the Commonwealth Bank have increased their variable home loan rates following the Reserve Bank's decision yesterday.
NAB and Westpac are also expected to follow suit.
It's another blow to families already reeling over the cost of lettuce, broccoli and other everyday shopping essentials.
Renters are also feeling the pinch of a soaring housing market - with some being forced to live out of their cars.
And with the cost of fuel still through the roof, these families will face some long, cold winter nights.
This comes as new data reveals that Aussies are also losing confidence in our energy system.
In fact, AAP reports nearly nine in 10 Australians are concerned energy will become unaffordable for them over the next three years.
While rising travel costs might be putting some people off of taking that school holiday road trip, states are preparing for the varroa mite to cross borders.
State governments are concerned the bee parasite might escape NSW and infect hives across the country - which could be devastating, not just for beekeepers but for the local environment.
Another cute Aussie animal has also had the sad distinction of being added to the endangered species list.
The greater glider, one of the country's native marsupials, has become endangered after the Black Summer bushfires decimated swaths of its habitat.
But rather than focusing on the plight of our wildlife, Australian media outlets and outlets across the world are reeling from the news that tennis superstar Nick Kyrgios has been charged with common assault.
ACM's The Canberra Times broke the news yesterday after it revealed that Kyrgios is slated to face the ACT Magistrates Court on August 2.
Barrister Jason Moffett, from Key Chambers, confirmed he had been briefed on the matter and his client was aware of the charge.
"The nature of the allegation is serious, and Mr Kyrgios takes the allegation very seriously," he said.
Australians could soon be rolling up their sleeves for a fourth COVID jab as Prime Minister Anthony Albanese encourages people who haven't had their booster to go out and get one "as a matter of urgency."
It's yet another thing for families to pop on their list alongside adjusting their household budgets.
THE NEWS YOU NEED TO KNOW:
- Native marsupial now endangered after Black Summer habitat wipeout
- World reacts to Kyrgios bombshell court date
- Coles recalls tomato paste nationally
- Flood fears as rain moves to northern NSW
- 'My life's mission': former detective's guide to prevent child abuse
- Commonwealth Bank raises rates after Reserve Bank hike
- It's official, the Big Potato is Australia's sh--test big thing
- Confidence in Aust energy system plummets