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Cost Of Living
More Australians need help, but we’re giving less
The cost-of-living crisis driving Australians to the nation’s charities has also forced up to 80 per cent of people to cut the amount they donate to welfare organisations. Source: Sydney Morning Herald.
People on JobSeeker struggle to cover basic costs, report finds
Australians on income support are “structurally unable to afford the basics of life” and are unable to absorb any more cost of living increases, according to a new report. Source: The Guardian.
Catholic body welcomes wage rise but warns more is needed
The Fair Work Commission’s decision to raise the nation’s minimum wage to 3.75 per cent has fallen short of the 4.9 per cent increase sought by the Australian Catholic Council for Employment Relations. Source: ACBC Media Blog.
Fair Work Commission set to hand down decision on minimum pay rates
The Albanese Government has recommended the Fair Work Commission boost minimum pay rates to stop wages of Australia’s lowest-paid workers from going backwards in real terms. Source: Canberra Times.
Albanese ends second year with living cost appeal
Prime Minister Anthony Albanese will tell Australian voters hit hard by the rising cost of living that he feels their pain and has not forgotten what it is like to “struggle and strive”. Source: Sydney Morning Herald.
Slowing economy reaps toll on unemployed, firms
More than 900,000 Australians are relying on jobless welfare support payments, as new research reveals one in three small businesses is reporting severe financial hardship and struggling to pay their power bills. Source: The Australian.
Teaching, nursing students to be paid during placements
Student teachers, nurses, midwives and social workers will receive a $320 weekly payment during their mandatory placements under a new cost-of-living measure in the May Budget. Source: The Guardian.
Labor wipes out $3 billion of student debt
More than three million Australians will have their student debt wiped in a bid to win over younger voters who have been crushed by the cost-of-living crisis. Source: SBS News.
Albanese flags HECS overhaul in budget
The Albanese Government is expected to change the rate and timing of HECS indexation in the federal budget as people grappling with massive student debt brace for another large rise in June. Source: The Age.