A new report by the WA Council of Social Service (WACOSS) reveals that middle-class working families in Western Australia are facing unprecedented financial hardship. The report, which analyzed the cost of living for various household types, found that dual-income households are struggling to make ends meet for the first time in nearly two decades. Single parents are experiencing the greatest financial strain, while single, unemployed individuals are marginally better off.
Western Australia ns who are single and unemployed are marginally better off financially than families, according to a new report highlighting the harsh realities of the cost-of-living crisis. The WA Council of Social Service report, released on Thursday, revealed middle-class working families are facing unprecedented financial hardship and seeing a deterioration in their standards of living.
estimated their living costs were 15 cents more than their weekly income. Meanwhile, single parents are experiencing the greatest shortfall and need an additional $94.12 per week to cover basic living costs, according to the analysis. chief executive Louise Giolitto said. "It's the very bare essentials like food, electricity, housing, medication. There is no luxury items, or discretionary funds. "A very simple table we have in the report, demonstrates right across the board, that the cost have gone up far higher than the increases in income. In many cases, well over 11 per cent, while the increase in income has only gone up 4 per cent.
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