Business

Cost of living hurting needy

THE two-speed economy is exacerbating cost-of-living pressures on those most in need, a Salvation Army report reveals.

The group surveyed more than 1700 people seeking emergency support about how the cost of living was hurting them.

It found 94% of those surveyed did not have any money set aside for emergency situations, 52% went without meals and 29% could not afford a decent meal each day.

The survey also found 45% of people going to the Salvos were forced to sell or pawn their possessions just to get by.

Major Bruce Harmer said cost-of-living increases meant many people were going without things that most Australians took for granted - like nutritious food or a warm bed.

"We are seeing large numbers of families - including working mums and dads - who just cannot make ends meet," he said.

"A number of these people are making heartbreaking decisions about whether to feed their kids or pay their bills.

"Without doubt we are seeing more clients suffering from stress and anxiety than ever before."

"All of this indicates people are becoming more and more desperate."

Major Harmer said the financial risks families were taking, including too much debt, were contributing to relationship breakdown, substance abuse and disruption to school study.

Topics:  cost of living, economy, salvation army




Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Judge sends ice junkie to cooler

A man who went on a ice-fuelled crime spree has been jailed.

50 tablets 'enough to kill a person', teen took 100

Teenage attempted suicide victim. Single use only. For publication in the QT on Saturday, May 27 2016 only.Photo Contributed

Mum’s heartache as Ipswich teenager overdoses on tablets

Latest deals and offers

Armed Robbery North Booval

Jarrad Alexander Stanton Deane, 29, was jailed for seven years for more than 40...

Fatality Free Friday urges motorists to take the pledge

A 31-year-old man is due to front court in custody today charged with stealing five motorbikes from various locations in the past few months.

As part of Fatality Free Friday today, police are pleading with motorists to take...

Barnaby Joyce talks Johnny Depp's dogs in Tweed

Deputy Prime Minister Barnaby Joyce talks about Johnny Depp's dogs Pistol and Boo...

Own Sunshine Coast property? You’re about to make money

UP AND UP: Property owners are likely to win from rent and price increases but tenants and first home buyers might not be so happy. Photo: Brett Wortman / Sunshine Coast Daily

Good new for property owners, not so good for buyers and tenants.

Sale nears on last large block of land in Coolum

The 43.37ha property on South Coolum Rd has sold.

South Coolum Rd property to be land banked