Hearing aid cutting cost

AN Aussie company is shaking up the $10 billion hearing aid industry with a revolutionary new device that sells for a fraction of the cost of current models.

Nuheara’s new hearing aids are a cut-price challenge to an industry that was slammed by the Australian Competition and Consumer Commission for being profits-driven – to the point that some older customers are forced to re-mortgage their homes. The company has also invented a smart phone hearing test.