Melbourne and Sydney: World’s Most Expensive Cities for Beer and Cigarettes

Australian Beer and Cigarette Taxes Top Global Rankings, Sparking Industry Warnings Deutsche Bank’s 2026 cost of living index reveals Melbourne and Sydney as the world’s most expensive cities for beer and cigarettes, with prices for five beers and two packs of Marlboros reaching $US111.20 and $US109.50 respectively. The data highlights a “relentless” rise in sin … Read more

Australia’s Billionaire Wealth Hits Record $686 Billion: Oxfam Report

Australia has reached a record high in its billionaire population, with 178 individuals currently identified. This represents an increase of 17 over the past year, according to new analysis based on the 2026 Australian Financial Review Rich List. The collective wealth of these individuals now exceeds $686 billion, having grown by $25.67 billion in the … Read more