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New research from New South Wales Council of Social Service shows that 9 out of 10 single parents on low incomes have gone without essentials over the past 12 months due to cost of living pressures The research highlights single parents living on low income or below the poverty line are more likely to see …
Single parents struggling about cost of living pressures: research Read More »
Australia’s cost of living and housing crises are leading to an increase in people experiencing homelessness across the country. Homelessness Australia has revealed the number of people who are rough sleeping and subsequently reaching out for help has increased by 20 per cent. They also record that services can provide help to some individuals but …
A new report shows young Australians are feeling robbed of their youth, with cost of living pressures and lack of support named the greatest factors. The report was published by the Monash Centre for Youth Policy and Education Practice, and analysed the data collected for the 2022 Australian youth barometer. Finding 45 per cent of …
Young Australians feeling robbed of their youth, report finds Read More »
Financial experts say there’s been a surge in Australians re-entering the workforce post retirement in recent years amidst the cost of living crisis. Many Aussies are unretiring to make ends meet, but it’s more complicated than just jumping back into work, and experts say it’s important to seek financial guidance beforehand. Image: Image: Pexels/ Tima …
More Australians looking to “unretire” amidst cost of living crisis Read More »
Tonight, the Albanese government will release the budget for the next financial year, with Treasurer Jim Chalmers already predicting a 9.3 billion dollar surplus. Here’s what we know about the budget already. Produced By: Eduardo Jordan Featured In Story: Sasha Foot, National Radio News political reporter, and Noah Secomb, National Radio News political reporter First …
Oxfam Australia’s latest annual report on wealth inequality shows billionaires in Australia have doubled their wealth since 2020, despite a global pandemic and the cost of living crisis. The report, called ‘Inequality Inc,’ revealed billionaires have increased their wealth by 70%, while many everyday Australians struggle to put food on the table. Oxfam is calling …
Australian Wealth Inequality Worsens Amidst Cost of Living Crisis Read More »
While the increasing interest rates are exacerbating the cost of living crisis for Australian residents, a recent report revealed some major supermarkets made large profits in 2022–23. Woolworths, for example, made net profits of $1.62 billion. Federal Government has announced a review into the food and grocery code of conduct, investigating the alleged price gouging …
Government announces review into alleged supermarket price gouging Read More »
A new report has revealed most Australians don’t know where to get help for food insecurity. Foodbank Australia’s latest annual Hunger report shows more than three-and-a-half million households in Australia experienced a moderate-to-severe level of food insecurity this year. Cost of living was rated the most significant issue Australians were concerned about, followed by the …
Millions of Australians facing Food Insecurity, report finds Read More »