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ACOSS report: Poverty in Australia 2016

Policy Online carries a link (16.10.16) to an Australian Council of Social Service report which highlights that nearly three million people were living in poverty in Australia in 2014, or 13.3 per cent of the general population.

‘In 2014, the 50% of median income poverty line for a single adult was $426.30 a week (or $343.00 for income after housing costs). For a couple with children it was $895.22 a week (or $720.22 after housing). Using the after-housing poverty line, the headline poverty rate in 2014 is 13.3%, slightly lower than the 2012 rate (13.9%).

‘Longterm analysis indicates an overall trend of persistent and entrenched poverty over the decade. Of most concern, there was a 2% increase in child poverty from 2004 to 2014, with the trend most pronounced for children in lone parent families.

‘In international perspective, Australia’s poverty rate remains above the OECD average, despite our relative prosperity.’

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