29/03/2026 21:14
The Guardian
Treasurer says government’s inflation forecast from a fortnight ago is now looking ‘conservative’. Follow updates liveGet our breaking news email, free app or daily news podcastDavid Pocock, the Coalition, Greens and crossbench will push the government today for urgent reforms to the aged care home support program, which the group says is leaving older Australians worse off.Two-thirds of the Senate signed a letter to Labor to for reforms, including restoring human oversight to aged care assessments, and recategorising showering, dressing and continence as clinical care to stop older Australians paying “excessive costs for basic hygiene”.I’m hearing stories of people being charged $200 to have a shower, and so older Australians simply aren’t showering, or they’re not getting the help that they need. They were promised that they would be no worse off. That clearly isn’t the case.We need far more transparency around pricing to try and avoid some of the price gouging that we’re hearing about. A pack of smoothies that you can buy online for $20, older Australians are being charged $120 for. We cannot go down the path of some of the things that we’re seeing in the NDIS. The government needs to get on to this now.That’s our expectation that the economy will continue to grow, but it will take quite a sizeable hit from what’s happening in the Middle East.It depends how long this war drags out for and then how long it takes to get the show back on the road and the global economy after that … we released some modelling which said that instead of inflation peaking in the high threes, it might be more like the high fours or the low fives. That does look conservative now. Continue reading...
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