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#costofliving

Australian Wealth Inequality Worsens Amidst Cost of Living Crisis

The Wire / By

Oxfam Australia’s latest annual report on wealth inequality shows billionaires in Australia have doubled their wealth since 2020, despite a global pandemic and the cost of living crisis. The report, called ‘Inequality Inc,’ revealed billionaires have increased their wealth by 70%, while many everyday Australians struggle to put food on the table. Oxfam is calling …

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Government announces review into alleged supermarket price gouging

The Wire / By

While the increasing interest rates are exacerbating the cost of living crisis for Australian residents, a recent report revealed some major supermarkets made large profits in 2022–23. Woolworths, for example, made net profits of $1.62 billion. Federal Government has announced a review into the food and grocery code of conduct, investigating the alleged price gouging …

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Millions of Australians facing Food Insecurity, report finds

The Wire / By

A new report has revealed most Australians don’t know where to get help for food insecurity. Foodbank Australia’s latest annual Hunger report shows more than three-and-a-half million households in Australia experienced a moderate-to-severe level of food insecurity this year. Cost of living was rated the most significant issue Australians were concerned about, followed by the …

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Aussie Farmers Welcome Senate Inquiry into Major Supermarkets

The Wire / By

Australian Farmers have welcomed the announcement of a Senate inquiry into rising costs and profits of major supermarkets. The Greens secured cross-party support to establish the inquiry, which will investigate price gouging, food inflation and supply chain issues. Image: Image: Pexels/ Cottonbro Produced By: Georgia Fisher Featured In Story: Tony Mahar- CEO, National Farmers Federation …

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Campaign for concession Opal cards for all students

The Wire / By

The cost of living crisis has already made it increasingly hard to survive for international students in Australia , especially when they don’t have access to concession transport cards. The Student Representative Council and Sydney University Postgraduate Representative Association at the University of Sydney are running a campaign aiming to get 20,000 signatures for an …

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