'Too expensive': high car costs drive down budgets

By William Ton
Updated March 3 2024 - 5:05pm, first published 5:00pm
The price of new cars, higher interest rates and insurance premiums are pushing up transport costs. (Jason O'BRIEN/AAP PHOTOS)
The price of new cars, higher interest rates and insurance premiums are pushing up transport costs. (Jason O'BRIEN/AAP PHOTOS)

Australian households are under increasing budget pressure when it comes to car travel as transport costs balloon to three times the inflation rate.

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