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Families have no confidence in Howard government policies.



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Media Release

CATHERINE KING MP

FEDERAL MEMBER FOR BALLARAT SHADOW PARLIAMENTARY SECRETARY FOR TREASURY

16 June 2006

FAMILIES HAVE NO CONFIDENCE IN HOWARD GOVERNMENT POLICIES

The latest Sensis Consumer Report reveals that the Howard Government’s triple whammy of increasing petrol prices, interest rates and the prospect of wages and conditions being slashed is hurting middle Australia with families bearing the brunt.

The Sensis Consumer Report measures household confidence and expectations based on a sample size of 1,500 Australians.

The Sensis Report proves that the Howard Government’s tax cuts have done little to alleviate the financial pressure on middle Australia.

25% of all households said they were worse off compared to a year ago, rising 7% in just the last quarter.

While the Howard Government continues to claim that families have never had it so good the spiralling cost of petrol, interest rates and general household expenses are putting the family budget under a great deal of pressure.

Spiralling cost of petrol, interest rates and general household expenses stood out in the Sensis report as the biggest concerns for a family’s financial future. 50% of interviewees cited either the rise in interest rates (12%), increase in the cost of living (16%) or spiralling fuel prices (22%) as the reason for their lack of confidence.

Out of all the household types interviewed it was families that had the lowest confidence in their financial outlook. As a result of the financial pressure bearing down on families the Sensis survey shows that they are now less likely to take the children to the movies (33%), take the family away on holiday (13%) or simply get out and about in the family car (19%).

The Sensis Consumer Report clearly shows that while John Howard and Peter Costello may have confidence in their record on families, families certainly don’t have confidence in them.

For further details contact Rhys Davies (03) 5338 8123 or 0408 566 980