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Showing 11 - 20 of 151 results for "Poverty"

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... annually. It said that this would be enough to increase the foreign aid budget by seven times, or dramatically reduce poverty in Australia. "Decades of tax cuts for the richest people and corporations have fuelled inequality at home and across the globe ...

World Bank warns of a sharp global growth decline

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
... said. "Weakness in growth and business investment will compound the already-devastating reversals in education, health, poverty, and infrastructure and the increasing demands from climate change." Growth in advanced economies is projected to slow from ...

Small wins for some pensioners

CASSANDRA BALDINI  |  WEDNESDAY, 26 OCT 2022
... believe another retirement income review is needed to fix the system, but some broad objectives will be helpful. "One is poverty alleviation, that's the real purpose of the Age Pension," he said. "Secondly, I think we need an objective to enable ...

FICAP raises over $120k for charity

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... are the invisible victims of crime. They experience significant psychological and emotional trauma, isolation, bullying, poverty, homelessness and fragmentation of care, education and family support," she said. "The funds raised from FICAP provide essential ...

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
... element that must be legislated to ensure we do not condemn future generations of Australian women to a retirement in poverty," Women in Super chief executive Jo Kowalczyk said.

July 1 super changes: Are you ready?

CASSANDRA BALDINI  |  THURSDAY, 30 JUN 2022
... lower super balances, in particular, have given rise to critical social policy issues, including increasing levels of poverty and homelessness in retirement. We will continue to work with the government to achieve broader structural reforms to improve ...

Pandemic created a new billionaire every 30 hours: Oxfam

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
... earn what someone in the top 1% does in a single year. Meanwhile, nearly a million people could be pushed into extreme poverty at the same rate. "Billionaires fortunes have not necessarily increased because they are smarter or working harder," Oxfam's ...

Pain of commodity price increases to last: World Bank

JAMIE WILLIAMSON  |  WEDNESDAY, 27 APR 2022
... economic growth at home and avoid actions that will bring harm to the global economy," he said. Any progress made to reduce poverty will likely stall this year too, the World Bank said, as wheat prices increase more than 40% and place pressure on developing ...

ISA uncovers disgraceful regional gender super gap

ANDREW MCKEAN  |  THURSDAY, 14 APR 2022
... the upcoming election would have disastrous consequences. "A generation of local mums could be at risk of retiring in poverty," an ISA statement claimed. Bendigo women on the cusp of retirement have a median super balance of just $131,100 - a third less ...

Tax, welfare reform on election agenda

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... ahead of the federal election. The report examines three options for helping families and individuals at risk of deep poverty and financial stress. The lowest cost measure for the government increases JobSeeker by $150 per fortnight. The 'medium' option ...