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Poorest Australians priced out of rental market
Australians on the lowest incomes have been priced out of renting in almost every corner of the country, despite the Albanese Government’s recent 10 per cent increase to Commonwealth Rent Assistance, a new report has found. Source: The Guardian.
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.
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.
Australians on income support to get increase in payments
About 5.1 million Australians on income support will see a bump in their fortnightly social security payments, with the pension, JobSeeker and Commonwealth Rent Assistance all increasing from September 20. Source: News.com.au.
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.
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.
Treasurer flags welfare increases in next week’s Budget
Next week’s federal Budget will see an increase in welfare payments, Treasurer Jim Chalmers has revealed. Source: ABC News.
Boost JobSeeker or entrench disadvantage, economists say
Leading economists have added their voice to calls for the Albanese Government to boost the rate of JobSeeker, saying the current $386 a week “entrenches disadvantage”. Source: The Australian.
Inflation still a Budget concern: Albanese
Prime Minister Anthony Albanese has further dampened the hopes of those looking for welfare increases in the May Budget, saying it was important that fiscal policy matched monetary policy to see off inflation. Source: Australian Financial Review.