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Chalmers says Labor won’t go on pre-election spending spree
Australians have been warned there will be no “free for all” of spending of public money ahead of the federal election to win over voters in the continuing cost-of-living crisis. Source: News.com.au.
Wealthy, low-income Australians avoiding GP appointments as cost of living bites
Even wealthy Australians are cutting back on doctor’s appointments due to the cost of living, with new data showing the proportion of people in New South Wales who put off a GP visit because it was too expensive increased by 246 per cent over the past four years. Source: The Guardian.
Battery, solar schemes coming to zap household bills by up to $1000
Both major parties are quietly drafting schemes to partly subsidise households to install batteries and rooftop solar panels ahead of the next federal election, which experts say could save billpayers up to $1000 a year. Source: The Age.
Five million Australians to benefit as welfare payments rise from today
More than five million Australians will receive a boost of up to $41.50 a fortnight to their social security payments from today, with people on Commonwealth Rent Assistance set to have their payments boosted by $23 a fortnight. Source: News.com.au.
Cost of living pressures affecting mental health of one in five young people: survey
A recent survey has found one in five young people are experiencing financial hardship, with cost of living pressures having effects on mental health and wellbeing. Source: ABC News.
Australia’s low level of income support a ‘national shame’
Australians on income support are cutting back on meat, fresh fruit and vegetables as the rising cost of living stretches their low payments. Source: Canberra Daily.
One group hit hardest by cost-of-living pressures
The real cost of living is growing at almost double the inflation rate for millions of working families as their soaring mortgages and high insurance premiums wipe out the benefits of higher wages and government handouts. Source: The Age.
Number of young Australians calling debt helpline hits record level
A record number of younger Australians are reaching out for financial help as rents and mortgage payments soar, according to new figures from the National Debt Helpline. Source: ABC News.
Government defends cost of living measures
The Albanese Government is defending its cost of living handouts, including tax cuts for all taxpayers which come into effect today, against fears they will fuel inflation and lead to higher interest rates. Source: news.com.au.