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Major parties miss a fundamental point about this cost-of-living crisis

9 0
yesterday

We keep hearing this election campaign is all about the cost of living - but both major parties have forgotten the people struggling the most.

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The cost-of-living debate has focused on middle Australia, including help for home ownership and a host of sugar hits such as one-off tax and energy rebates.

The structural reforms we need to lift 3 million people out of poverty are heartbreakingly absent from the major parties plans.

People relying on income support payments as low as $48 a day are skipping meals and essential medication just to keep a roof over their heads. They are at the coalface of the cost-of-living crisis, yet neither Labor nor the Coalition has offered them any hope.

The housing policies from the major parties are, once again, focused on helping people buy a property.

Labors investment to build more homes is a welcome intervention but demand-side subsidies like the home guarantee scheme will push prices higher while adding to household debt.

The Coalitions plan to make mortgage interest tax-deductible is particularly bad policy, providing the........

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