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  • Inadequate welfare payments leave almost two million Australians trapped in poverty | Three in fo…

    Inadequate welfare payments leave almost two million Australians trapped in poverty | Three in fo…

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    Inadequate welfare payments leave almost two million Australians trapped in poverty

    Inflationary government spending is missing the Aussies who need it most and driving up interest rates for everyone else.

    Record government spending that has turbocharged inflation and forced the RBA to raise rates may not be filtering into the communities that need it most, with new data showing three in four households reliant on JobSeeker are living in poverty.

    The joint research from Australian Council of Social Service (ACOSS) and UNSW found that this included one in five older singles and one in six children within income support households.

    ACOSS chief executive officer Cassandra Goldie said almost 2 million Aussies are destitute. Picture: NewsWire / Martin Ollman

    Three in four JobSeeker recipients struggling to live as frontline services get $4.7 million boost

    For many Australians facing financial hardship, turning to government assistance is often in the hope that they won't end up below the poverty line. Unfortunately, that's rarely the case.

    The Australian Council of Social Service (ACOSS) has found that there are an estimated 3.7 million people living in poverty in Australia, and around 1.9 million of those are in households reliant on government support payments. That's because, at their current rate, the payments aren't enough to adequately cover an Australian household's needs.

    In the spotlight are JobSeeker, Youth Allowance and Parenting Payments, which ACOSS chief Cassandra Goldie said are "so low they are forcing people into poverty".

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    Welfare recipients living in poverty

    A new report has found three out of four Australians receiving social security payments continue to live in poverty.

    So advocates are renewing calls to raise jobseeker and other income support.

    It comes as the Government allocates an additional 4.7 million dollars for relief services including food charities.

    Featured: Marina Berger, Jobseeker recipientCassandra Goldie, Australian Council for Social ServiceScientia Professor Carla Treloar, UNSW Tanya Plibersek, Minister for Social Services

    A new report has found three out of four Australians receiving social security payments continue to live in poverty(ABC News: Xavier La Canna)

    Rachel Mealey: A new report has found three out of four Australians receiving social security payments continue to live in poverty. Advocates are renewing calls to raise JobSeeker and other income support. Annie Guest reports.

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  • Newspaper headlines: ‘High welfare, high tax’ and ‘Budget goes as billed’ | Reeves: working peopl…

    Newspaper headlines: ‘High welfare, high tax’ and ‘Budget goes as billed’ | Reeves: working peopl…

    Explore the latest developments concerning Newspaper headlines: 'High.

    Newspaper headlines: 'High welfare, high tax' and 'Budget goes as billed'

    "Chancellor wallops workers", declares the Sun, while the Times opts for "high welfare, high tax", as the front pages deliver their verdicts on the Budget. Contained in what the Daily Telegraph describes as a "red box of broken promises", the paper says Rachel Reeves delivered a £30bn package of tax increases "largely targeting the middle classes". The Daily Mail is damning, accusing her of "spiteful raids on strivers – to lavish billions on benefits street".

    The Guardian quotes the chancellor's words at the despatch box: "I am asking everyone to make a contribution" in its headline. The Daily Mirror's assessment is that it was a Budget "with a Labour heart", praising the decision to end what it calls the "cruel" two-child benefit cap. The i Paper and the Financial Times are among the front pages to highlight one of the risks of Ms Reeves' plan, with both quoting analysis from the Institute for Fiscal Studies that she has opted for a "spend now, pay later" approach.

    Reeves: working people will pay ‘a bit more’ through income tax threshold freeze; OBR chief ‘mortified’ by leak – business live

    JP Morgan points to ‘The UK government’s priority of economic growth’ as it announces plans for new Canary Wharf HQ

    Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

    It’s the morning after the budget, a time when the real story behind the fiscal event often emerges.

    And today, the Resolution Foundation is warning that the job of repairing the UK’s public finance is “far from complete”, and that major tax rises and cuts to public services are coming down the line.

    The think tank has issued its overnight analysis of Rachel Reeves’s budget, which shows that pre-election austerity and tax rises are both pencilled in.

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    UK government unveils budget aimed at stabilising economy

    Britain's Chancellor Rachel Reeves has handed down a high-stakes national budget overnight, which the government hopes will boost economic growth, reduce child poverty and ease cost-of-living pressures.

    Ms Reeves is under pressure from within her own party and from the business sector after weeks of government leaks, policy backflips and internal disputes over welfare and income tax.

    Analysts warn the budget may not be enough to restore confidence, with fears that sluggish growth and rising debt could undermine the government's plan.

    People cross the Westminster Bridge in the rain, in London, Britain, August 29, 2025.(Reuters: Jack Taylor)

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