New research from Anglicare Australia finds low income households are facing higher living costs, which prevents them from getting ahead financially and pushes them further into poverty.
abc.net.au/news/anglicare-poverty-premium-low-income-australians-cost-of-living/102843886Low income households face higher living costs than other families because they are financially penalised for being unable to buy groceries in bulk, pay costs annually instead of monthly, or upgrade to a more fuel-efficient car.Anglicare says low income households often pay a "poverty premium" for basic goods and services.
The areas include: food and groceries, transport, energy, credit and finance, data and communications, and home and car insurance."People living on low-incomes often pay more for the same basic goods and essential services than people on higher incomes. There are so many examples," it says.Anglicare's researchers have calculated the additional costs people on low incomes routinely experience.
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