Giving up insurance, choosing meat-free meals and skipping breakfast: What Australians are doing to survive the cost-of-living crisis

Residing on a houseboat comes with a couple of perks. In contrast to his mates on the mainland, Arthur White is not coping with skyrocketing rental costs or anxiously anticipating rate of interest hikes.

There are some downsides too, although, like having to supply your personal electrical energy to boil a cup of tea. And life at sea hasn't been sufficient to defend the retired pensioner from the price of residing disaster engulfing Australia.

Electrical energy provide points hit a tipping point on the east coast last week, pushed by the hovering value of wholesale power and excessive winter demand. There at the moment are warnings the price of family power payments will balloon within weeks.

However far-off within the Gove Penisula, within the northeast nook of Arnhem Land within the Northern Territory, Arthur has already discovered an answer to his very personal power disaster.

"I generate my very own electrical energy utilizing photo voltaic panels in the course of the day, and a small generator within the night — prior to now, that used about eight litres of petrol an evening," he says, "so you'll be able to think about why my prices have gone by means of the roof".

A boat with a large cabin. A boat with a large cabin.
Arthur has been residing on his boat, which he describes as "principally a really massive caravan on the ocean", for eight years. (Equipped: Arthur White)

When Russia's battle in Ukraine triggered a worldwide oil provide crunch, the 73-year-old discovered he was paying about $2.70 for a litre of petrol simply to maintain the lights on. Australians throughout the nation have felt comparable ache on the bowser, as fuel prices exceeded $2 a litre in capital cities last month.

The spike meant Arthur was not in a position to afford the identical groceries he normally may on his weekly pension of simply over $500.

Posted 3h ago3 hours agoSun 19 Jun 2022 at 7:00pm, up to date 47m ago47 minutes agoSun 19 Jun 2022 at 10:11pm

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