Lower-income people pay up to one-and-a-half times more for the same services than others, a new report found.
Compared with wealthier people, poorer residents lack significant savings, time to spend and don't have the resources to shop around or buy items in bulk such as groceries, according to the Anglicare Australia study.
Researchers examined the costs they are paying compared with higher income groups for everyday essential goods and services Anglicare Australia executive director Kasy Chambers said the extra costs were a "poverty premium" that punished poorer people. The research also found some people find themselves in debt spirals trying to juggle all of their costs.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cost of living ‘nightmare’ hitting Australians amid Labor’s ‘false’ election promise to lower energy pricesLabor’s vow to reduce electricity prices is 'in tatters', with cash-strapped Australians now paying as much as $960 more per year, leaving the Coalition to declare the promise is now unachievable.
Read more »
More Australians reluctant to reach out for mental health helpA new survey from Beyond Blue has found one in three people suffering from depression or anxiety are refusing to seek assistance. The poll also showed that 21 per cent of participants did not get professional help when they needed it in the past twelve months. Rising medical costs and long wait times have been attributed to the decline in those seeking help. Sky News Australia was joined by Mental Health Advocate and Lived Experience Peer Worker Glenn Cotter to discuss the concerns of mental health in Australia. If you or anyone you know needs help: Lifeline: 13 11 14 Beyond Blue: 1300 22 4636 Kids Helpline: 1800 55 1800
Read more »
Far from niche: Four out of five Australians are gamersDriven by evolving game design and a pandemic-led digital adoption, three quarters of Australian 65-74 year olds are now among our growing audience for games.
Read more »
Far from niche: Four out of five Australians are gamersDriven by evolving game design and a pandemic-led digital adoption, three quarters of Australian 65-74 year olds are now among our growing audience for games.
Read more »
Far from niche: Four out of five Australians are gamersDriven by evolving game design and a pandemic-led digital adoption, three quarters of Australian 65-74 year olds are now among our growing audience for games.
Read more »
More Australians benefiting from higher wages as new data reveals strong wages growthNew data reveals more Australians are benefiting from higher wages. This is according to new figures obtained from the Australian Bureau of Statistics. Earnings for full-time workers have increased almost 4 per cent – or about $1,400. The report comes under the Albanese government’s first year in office. It’s the sharpest increase in wages in more than a decade.
Read more »