The Australian reported that new ANU research recommended a $190 a week increase in JobSeeker and other income support payments as the most efficient way for the Government to help people doing tough.
The modelling from ANU’s Centre for Social Research and Methods, commissioned by Social Ventures Australia and the Brotherhood of St Laurence, showed that 1-4% of households relying on wages and salary were under financial stress over the past twenty-year period. In contrast, the percentage of households relying on income support payments under severe financial stress jumped from 25% in 1993 to 66 per cent in 2017 (with pre-pandemic levels being as high as 88%). This report adds to the growing body of evidence that the Government needs to permanently increase income support payments so that they are above the poverty line.
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How to slash poverty rates for $12bn a year (The Australian) 19 April 2021 (requires subscription)
Financial stress in 3 graphs: there’s fewer of us in it, but for those who are, it’s worse (The Conversation) 20 April 2021