News
Breaking point: financial stress of ongoing cost-of-living crisis hitting low-income Canberrans hardest
ACTCOSS’s latest ACT Cost of Living Report reveals persistently high inflation and high interest rates are exacting a devastating toll on low-income households and adding to demand for community sector services across the ACT. ACTCOSS CEO, Dr Devin Bowles said: “The ongoing cost-of-living crisis has extended the reach of financial stress to more and more […]
If nothing is done, we’ll be waving goodbye to middle-class Australia
There is growing understanding about the depth and extent of the Australian cost-of-living crisis, which is driving thousands of working families into poverty. It is less well appreciated that the most dramatic effects of the crisis will be in permanently remaking economic and social relationships across communities, driving and solidifying inequality. Without decisive government intervention, […]