AYAC News

Mar 8, 2011

AYAC strongly endorses the issues raised by ACOSS in the in its recent Media Release highlighting the widening gap between allowance payments and pensions because of unfair indexation rates.

Young people on Youth Allowance also suffer from unfair indexation because it is only indexed once per year compared with twice a year for pension payments.

Action needs to be taken to prevent disadvantaged Australians falling further below the poverty line.

ACOSS Media release More than 600,000 unemployed Australians risk falling further into poverty.

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