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Turnbull failing to tackle inequality



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THE HON JENNY MACKLIN MP SHADOW MINISTER FOR FAMILIES AND SOCIAL SERVICES MEMBER FOR JAGAJAGA

TURNBULL FAILING TO TACKLE INEQUALITY

The latest Household Financial Comfort Report based on 1,500 Australians has found that 41 per cent of households earning less than $40,000 reported income losses, compared with 13 per cent of those earning over $100,000.

The report finds that across Australia around 27 per cent of households experienced a drop in income.

This is yet more evidence of the Turnbull Government’s failure to tackle inequality.

Malcolm Turnbull says he believes in inclusive growth but his Government’s own record on social investment is nothing short of atrocious.

Malcolm Turnbull is:

 Cutting $30 billion from our schools;  Cutting paid parental leave to 80,000 new mums;  Cutting Family Payments - cuts that will see a single parent family with two children in high school around $3,000 a year worse off;

 Five week wait for income support - a cut that will leave young jobseekers with nothing to live on for over a month;  Cuts to young people between the ages of 22 and 24 by pushing them onto the lower Youth Allowance - a cut of around $48 a week or almost

$2,500 a year;  Increasing the pension age to 70 - meaning that Australia will have oldest pension age in the developed world.

Australians don’t want more harsh cuts that hurt working families.

Mr Turnbull and the Coalition just don’t understand the growing concern in the community about job insecurity, wage stagnation and underemployment.

Australia needs leadership, and it is abundantly clear that Malcolm Turnbull does not have a plan for jobs and inclusive growth.

Australians want a plan to tackle inequality, promote inclusive growth and boost social investment.

That’s why Federal Labor released Growing Together, an agenda to tackle growing inequality in Australia.

Labor believes that all Australians deserve to benefit from economic growth.

Malcolm Turnbull and the Coalition believe that big business deserve a $50 billion handout.

MONDAY, 6 FEBRUARY 2017

MEDIA CONTACT: LACHLAN POULTER 0423 937 655