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Cost Of Living
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.
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.