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Members fund Newstart Allowance ‘Raise the Rate’ campaign

November 20th, 2018

A group of Philanthropy Australia members have convened to co-fund the Australian Council of Social Service’s (ACOSS) 'Raise the Rate' campaign in the lead up to the 2019 Federal Election. The group aims to raise $1 million to fund a 12 month national advocacy campaign both through ACOSS and other strategies targeted at raising the weekly rate of Newstart Allowance by $75.

Fast facts:

  • Newstart has not been increased in real terms in 24 years (at that time Paul Keating was Prime Minister and petrol cost 66c per litre) and is currently $170 per week lower than the aged pension
  • Australia has the lowest unemployment payment in the OECD
  • There are already 3 million people living in poverty in Australia, including over 730,000 children
  • UNSW and Deloitte Access Economics have completed economic modelling to support a $75 increase
  • There is a strong alliance supporting an increase to the allowance including: the entire crossbench, economists like Chris Richardson and Dr Ken Henry, business leaders including Jennifer Westacott, Peter Strong and Heather Ridout and former politicians including John Howard and John Hewson.

More information will be shared to Philanthropy Australia members as the campaign continues. If you are interested in joining the funders group or knowing more you can contact the convenor Paul Madden, CEO of Wyatt Trust via email.

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