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The Latest Breaking News from Cassandra Goldie

Capital gains tax discount ‘overwhelmingly’ benefits investors in Australia’s richest electorates, analysis shows

Chief executive of Acoss, who commissioned the study says ‘it’s clear this tax break funnels billions into the wealthiest parts of our country’

The Guardian - AU

'Socially isolating': one in seven living in poverty

Charities and social services are calling for urgent action after a study showed one in seven Australians are living in poverty.

AAP

Welfare debts waived for domestic violence survivors

Centrelink debt incurred through "insidious" family violence will be waived for survivors to stop further abuse from being inflicted on vulnerable people.

AAP

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Plan to lift GST must come with lower income tax burden

A bid to strengthen the budget and improve productivity could increase the tax burden on Australians unless a balanced approach is taken, an economist warns.

AAP

RBA not swayed by jobless spike as next rate call looms

Reserve Bank governor Michelle Bullock has pushed back on rate cut expectations and weighed in on Donald Trump's pressure on Fed chair Jerome Powell.

AAP

7 In 10 Aussies Are Scared To Hit Up Landlord About Repairs For Fear Of Rent Increase

A new survey reveals renters are scared to contact their landlords when something's wrong with the property, for fear of copping another rent hike.

Pedestrian.tv

Peter is barely scraping by on jobseeker. Experts think this is going to be an election issue

Being poor in this country is getting harder, 62-year-old South Australian says, as two major reports call for the jobseeker rate to be lifted

The Guardian - AU

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Energy bill jolt: price rises power up living cost pain

The threat of further energy bill increases of up to $200 annually following a regulator's decision has put the spotlight back on federal energy policy.

AAP

People with insufficient home insurance more likely to risk their lives in bushfires, experts say

Research shows in tough times people often let home and contents insurance lapse, which could lead to dangerous decision to stay

The Guardian - AU

Centrelink mutual obligations scheme paused amid scrutiny on ‘failing systems’

Department apologises for ‘potential confusion and distress’ after multiple IT issues and payments potentially cancelled in error

The Guardian - AU

More people unemployed for longer as opportunities wane

Australians dependent on unemployment payments are finding it even harder to get a job as positions disappear and structural barriers remain.

AAP

Calls for overhaul as welfare payments incorrectly axed

Welfare recipients may have had their payments illegally cancelled, prompting calls to suspend the tool used to enforce mutual obligations.

AAP

Albanese government says Australia on target to reduce emissions – but campaigners say it could do more

Departmental analysis includes contentious measurements but climate minister says government is cleaning up after ‘decade of denial, delay, dysfunction and utter neglect’

The Guardian - AU

‘The fatigue is not only real, it is absolutely legitimate’: why are so many of us so tired right now?

There are reasons why in workplaces, homes, shops and schools there’s a sense that much of Australia is running on empty

The Guardian - AU

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The Guardian - AU

Australia’s budget has ‘gaping hole’ in funds for DV victims, environment and housing, advocates say

Labor touts cost of living package as ‘substantial’ but advocates say changes are inadequate

AAP

Home upgrades may save Australians thousands on energy

Quick-fixes and solar power could drive energy costs down by thousands per year, prompting calls to subsidise upgrades for low income Australians.

AAP

Community alliance slams 'harm' from employment service

Community organisations, unions and First Nations groups have demanded the government meet its commitments to support the unemployed and disadvantaged.

AAP

Rich get richer than rest: Australia's wealth gap grows

Australia's wealthiest households have comparatively added more to their pile than those at the bottom and rising unemployment is set to further widen the gap.

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AAP

Call to boost support for the 'financially distressed'

More opportunities for Australians facing "the worst" of increasing rent in a cost of living crisis are on the federal budget wishlist of welfare advocates.

The Guardian - AU

Brain tumour patient had Centrelink payments suspended while in hospital recovering from surgery

Australian Council of Social Service says ‘unconscionable’ case shows why mutual obligations system must be ‘replaced with a fair system’ for jobseekers

AAP

Women trying to flee DV held back by income management

Indigenous, legal and community advocates have told a Senate inquiry that compulsory income management doesn't work and can have dire unintended consequences.

AAP

Rate cut prospects up in the air as labour market cools

Some economists predict a softening labour market could bode well for interest rate cuts after Australia's jobless rate plateaued at 3.9 per cent in December.

The Guardian - AU

Labor says it’s looking for ways to ease cost-of-living pressures. Just don’t mention the stage-three tax cuts

The cuts are already baked into the RBA’s forecasts and economists say there is little point looking at alternatives

The Guardian - AU

Labor could raise welfare payments for cost-of-living relief without stoking inflation, economists say

Albanese government would need to couple any increases in unemployment benefits and pensions with savings, experts say

The Guardian - AU

Australia’s wealthiest 20% worth 90 times the country’s poorest, new report reveals

Superannuation and property investment fuels growing inequality, with the richest fifth worth an average of $3.2m

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