Richmond-Tweed Families Buckling Under Cost-of-Living Pressures: New NCOSS Research
A new report from the NSW Council of Social Service (NCOSS) has revealed that nearly two-thirds (64%) of low-income households in the Richmond–Tweed region are struggling with housing stress due to escalating cost-of-living pressures. The report, titled Impossible Choices: Decisions NSW communities shouldn’t have to make, was conducted by the University of Technology Sydney and surveyed over 1,080 low-income residents across NSW.
Key Findings in Richmond-Tweed:
- 64% of households are in housing stress, spending over 30% of their income on housing.
- 61% have no money saved for emergencies.
- 51% went without prescribed medication or healthcare.
- 38% could not afford essential travel, such as for work or education.
- 38% went without meals due to financial shortages.
- 35% used buy-now-pay-later services to afford essential goods like food and transport.
NCOSS CEO Cara Varian emphasised the devastating impact these financial pressures are having on families in Richmond-Tweed. “Families should not have to choose between paying for food or medication,” she said. “These impossible choices set up intergenerational disadvantage, and we must do better.”
Statewide Trends
Across NSW, the report revealed that single parents are among the hardest hit, with 90% going without essentials over the past year. NSW children are also disproportionately affected, as three in four households (74%) cut back on spending for their children, and 52% sacrificed spending on health and wellbeing essentials.
The ripple effects of these sacrifices are far-reaching, negatively impacting mental health, relationships, and child development.
Recommendations to Ease the Pressure
NCOSS has put forward a series of recommendations to the NSW and Commonwealth Governments to alleviate these pressures, including:
- Lifting Commonwealth income support for Jobseeker, Youth Allowance, and Parenting Payments.
- Increasing Commonwealth Rent Assistance rates.
- Providing universal early childcare.
- Ensuring 10% of NSW housing is social and affordable.
- Implementing fair and reasonable rental increases and legislating against no-grounds evictions and rental bidding.
- Introducing a universal school food program in NSW.
- Expanding public transport concessions and improving regional bus networks.
The report underscores the urgency of addressing the financial strain on low-income households and highlights the government’s potential to drive meaningful change.
For the full report, visit here.
Definitions:
- Below the poverty line: Households earning less than 50% of the median NSW income after tax and housing costs (below $560 per week).
- Low-income households: Households earning 50-80% of the median NSW income after tax and housing costs ($560–$896 per week).
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