St Vincent de Paul Society Australia genetic logo

13 18 12

Donate

Safeguarding

Advocacy

Energy

Advocacy Webinars

<h2>We're here to help</h2>
<p>The St Vincent de Paul Society offers over 200 services across Australia that help people in need. For more information on the services provided in your state or territory click the link opposite or contact our assistance line:</p>
<p><a href="Tel:131812" title="Call 13 18 12" class="primary-button-yellow">Call 13 18 12</a></p>

ACT & surrounds

New South Wales

Northern Territory

Queensland

South Australia

Tasmania

Victoria

Western Australia

Find help

Join our National Staff

International impact

Get involved

<h2>Vinnies Shops</h2>
<p>Everything you buy or donate inspires change in your local community.</p>

Vinnies shops

Shops

Towards a Just and Compassionate Australia

Low income support

Housing and homelessness

Secure work

Aboriginal and Torres Strait Islander peoples

Refugees and people seeking asylum

A fairer tax and welfare system

Children

Health matters

About us

Our structure

National Council of Australia

Our spirituality

Our mission and vision

National contacts

Prayer cards

National Council Strategic Plan

Review of The Rule

Catholic Social Teaching Principles

News and stories

National Overviews

Media releases

Speeches

In the News

The Record

Submissions

Publications

| Vinnies

Home

National Council

SVdP Housing Australia

Vinnies today called on the Albanese Government to provide urgent support to disadvantaged Australians and those at risk of falling into poverty, after the Reserve Bank of Australia lifted its cash rate for the second time in five weeks.

Support for disadvantaged needed after rate hike

Support for disadvantaged needed after rate hike (1)

<div class="page">
<div class="section">
<div class="page">
<div class="section">
<div class="layoutArea">
<div class="column">
<p>The St Vincent de Paul Society in Australia today called on the Albanese Government to provide urgent support to disadvantaged Australians and those at risk of falling into poverty, after the Reserve Bank of Australia lifted its cash rate for the second time in five weeks.</p>
<p>National President Claire Victory said: ‘Today’s hike in the cash rate is another blow to Australians already struggling to make ends meet as the cost of daily essentials—such as housing, food and energy—skyrockets.</p>
<p>‘More than three million people, including one-in-six children, live in poverty in Australia. We are seeing a growing number of Australians call on our services as they struggle to cope with the cost-of-living crisis,’ Ms Victory said.</p>
<p>This crisis is an early challenge for the new Albanese Government, which has come to power as economic conditions worsen, food and fuel shortages push prices for essentials higher, and affordable and social housing slip further from reach.</p>
<p>‘We were heartened to see the new Government’s commitment to leave no Australian behind and to address these long-term trends through structural reforms, such as a National Housing and Homelessness Plan,’ Ms Victory said.</p>
<p>‘But urgent and immediate action is now required to ensure vulnerable Australians do not fall into the growing gap between low incomes and high inflation. We call on the Australian Government to increase JobSeeker and to ensure that vulnerable Australians are protected as efforts to combat Australia’s 20-year-record inflation and repair the Commonwealth’s budget position are implemented,’ Ms Victory said.</p>
<p>Increased borrowing costs will most likely be passed on from landlords to renters, who are already under enormous pressure.</p>
<p>‘Rental affordability has plummeted, with a recent survey showing that only five rentals across Australia were considered affordable for a single person on JobSeeker out of more than 45,000 listings,’ Ms Victory said.</p>
<p>‘We call on the Government to take immediate action to address the rental crisis by increasing Commonwealth Rent Assistance and reinstating the National Rental Affordability Scheme.</p>
<p>‘The St Vincent de Paul Society in Australia is committed to work with the new Government to support reforms to end disadvantage in Australia and avoid a ballooning of poverty and social crisis,’ Ms Victory said.</p>
</div>
</div>
</div>
</div>
</div>
</div>

Rich Text