Renters spend 10 times as much on housing as petrol. Where's their cost-of-living relief?
- Written by Joey Moloney, Senior Associate, Grattan Institute
If the pre-election budget was designed to address the cost of living, it missed something. In an effort to help those whose wages aren’t growing as quickly as prices, it offered
a one-off A$250 payment to income support recipients
a temporary increase in the low-and-middle-income tax offset
a six-month halving of the fuel excise
But it failed...