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The Latest Breaking News from Cassandra Goldie

Should you leave your money in superannuation or put it towards a deposit for a first home?

Allowing first home buyers to draw their superannuation will likely, over time, push up house prices, according to many leading economists, but are you better off leaving your money in your super fund or pulling it out for a home deposit?

ABC News

Give unemployed a 'real chance': ACOSS

The peak welfare body says the next government should commit to full and sustainable employment, as rising interest rates threaten record low unemployment.

AAP

Anglicare calls for JobSeeker boost as rental costs lock most vulnerable out

'People on low incomes don't stand a chance,' Anglicare executive director says.

The Canberra Times

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‘I’m alive, and that’s it’: rising cost of living puts pressure on people already struggling

Australia’s largest annual rise in inflation for decades compounds the suffering for those hit by the national rental crisis

The Guardian - AU

Unpaid work plugs funding gaps in community sector, survey finds

The survey has prompted the Australian Council for Social Service to call on the next federal government to establish a fund to ensure secure work and funding for the community services sector.

The Canberra Times

Are Australia’s unemployment figures cause for celebration or is the devil in the detail?

The last time the jobless rate was this low was November 1974 – but flat wages and job insecurity are still prevalent

The Guardian - AU

JobSeeker rate to remain untouched after election after Labor ditches plans to review it

Out-of-work Australians will not receive any substantial boost to their unemployment benefit, regardless of who wins the federal election, with Labor dumping plans to review the rate of JobSeeker.

ABC News

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Labor won’t commit to an increase in jobseeker payment

Shadow assistant minister Andrew Leigh confirms the party has dropped plans to review the benefit

The Guardian - AU

Scott Morrison says best way to help renters is to ‘help them buy a house’

Prime minister’s comment came in response to question about lack of relief for renters in federal budget

The Guardian - AU

Federal budget 2022: Election sweeteners could trigger earlier rate hikes

Economists warn cost-of-living giveaways will only offer temporary relief for households and could backfire by pushing up inflation and interest rates.

The New Daily

Welfare budget labelled band-aid solution

Advocates say the government's latest federal budget failed to adequately address key issues that tackle the rising cost of living and housing.

AAP

Treasurer delivers budget speech – as it happened

This blog is now closed

The Guardian - AU

From 'problematic' bogans to the COVID divide: Australia's messy relationship with class

Big inequalities exist in Australia, but the issues of class are often missing from our public and political debates.

ABC News

Tackling poverty is good economics: report

COVID-19 support payments changed lives, but progress on reducing poverty has rapidly reversed and financial stress is roaring back, a report says.

AAP

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news in one place.

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AAP

Budget needs investments, not cuts: ACOSS

Welfare advocacy group ACOSS says it is not the right time for the federal budget to fund tax cuts for the rich, but rather to invest in low-income earners.

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