SACOSS Anti-Poverty Week Statement highlights 10 “poverty premiums” for low income South Australians
SACOSS is today releasing its 2017 Anti-Poverty Week Statement which highlights the “poverty premiums” paid by South Australians on the lowest incomes. These are the extra costs on those living in poverty that others with higher income or more resources can buy their way out of, avoid or minimise.
The SACOSS Statement gives examples of 10 poverty premiums in energy, telecommunications, banking, government charges, and in ordinary shopping. The premiums can be extensive with examples of poverty purchases being 30% to 50% more than the cost for those with more money to spend, while other items have more than 5 times the impact on the household budget of those living in poverty.