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Albanese hints at more cost-of-living relief
Prime Minister Anthony Albanese has hinted that more assistance could be provided to families before the May budget, signalling a shift in the Government’s position as the political pressure from rising living costs intensifies. Source: Canberra Times.
Claims welfare boost unaffordable don’t stack up: Vinnies
The St Vincent de Paul Society says the Albanese Government’s claim that welfare payment increases are unaffordable and would fuel inflation “lacks economic sense” and is a “heartless response to the many Australians living at or below the poverty line”.
Government sets priority to battle cost of living crisis
Anthony Albanese says his Government is looking at new ways to tackle Australia’s cost of living crisis in 2024 as households battle the pain of high inflation ahead of Christmas. Source: NCA Newswire.
Budget bottom line improves but households remain under pressure
Australia’s Budget is on track for a small deficit but households remain under pressure with slow wage growth and no new cost of living support. Source: 9news.com.au.
Vinnies data shows big jump in number of people seeking assistance
Annual data from the St Vincent de Paul Society has exposed the depth of the cost-of-living crisis, as more and more people seek financial assistance while struggling to make ends meet. Source: News.com.au.
Young Australians have increasingly bleak social and economic outlook: Survey
Younger Australians feel particularly punished by cost-of-living pressures, a new survey shows, and have an increasingly bleak social and economic outlook. Source: ABC News.
Social cohesion in Australia ‘under pressure and declining’
The belief that Australia is a “land of opportunity” is dissipating, with the nation’s social cohesion fraying under cost-of-living and housing affordability pressure, a new study finds. Source: The Australian.
New study shows more young people under financial stress
Young adults are particularly vulnerable to the physical and mental effects of financial stress, amid cost-of-living pressures, new research has shown. Source: Sydney Morning Herald.
Foodbank report reveals Australia’s growing food insecurity crisis
Some 3.7 million Australian households are going hungry or are on the edge of falling into hunger according to a new report from one of the country’s leading social charities. Source: The Australian.