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

Latest News About Global trade collapse adds to Australia's economic strain

New cost of living data for September 15 reveal retiree outlays rose with power and insurance premiums higher. Close to half of Australians renting in share houses are at least 40 years old. International petrol price jumps triggered protests across a number of nations. In Syria, cost increases prompted the biggest protests since Assad fell.

Australia is under economic pressure as global trade rules collapse, according to Nine.com.au. A Guardian report said the Iran war cost the United States $38 billion and depleted its missile stockpile.

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