Top Stories | Grocery price hikes, house values turn — and ATO’s tax time warning for Aussies AI generated summary, Read the full article for complete information. This week’s finance roundup highlights rising consumer pressures in Australia: inflation surged to 4.6 percent in March, driven by a 33 percent jump in petrol and a 25 percent rise in electricity, prompting experts to expect the Reserve Bank of Australia to lift interest rates again on Tuesday; supermarket giants Coles and Woolworths say supplier cost‑passes from higher fuel are forcing them to consider price hikes, though they’ve tried to absorb some of the impact and note modest recent declines in overall grocery price growth; meanwhile, housing market data show property values in Sydney and Melbourne slipped 0.6 percent in March and national price growth slowed to 0.3 percent, with median home prices around $940,000 and building material costs such as copper piping up 14.5 percent, suggesting a cooling market; and as the financial year ends, the Australian Taxation Office is warning taxpayers about unreported income, incorrect work‑related deductions, and the risks of following unverified advice from AI tools or “finfluencers.” Read more: https://www.sbs.com.au/news/article/on-the-money-inflation-grocery-prices-house-values-ato-tax/frmzlyfuq #Woolworths #Coles #ATO #costofliving