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As the royal commission prepared to resume its hearings into financial services the Vatican released Oeconomicae et pecuniariae quaestiones, on the ethics of markets. Although written quite independently, passages of the document could have been mistaken for factual reporting of the royal commission.
I first got sick when I was 19. I am now in my 40s and still sick. I have tried myriad medications and treatments, and live with a now permanent disability. The public systems I have engaged with over this time have become increasingly adversarial. The gaps between systems are getting wider, and the expenses higher.
There were the stories that didn't get much of a mention in the mainstream press but will net large gains for young people and new entrants to the labour market. Under the budget measure, inactive super accounts with balances of less than $6000 will have a three per cent cap on fees charged. But is this policy quite what it seems?
The Turnbull government holds the view that tax relief for companies and middle-income earners is necessary to improve the economic prosperity of Australia, offering a financial hand up to households struggling to pay their bills. For those on Newstart, though, those same increased costs of living are being all but ignored.
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