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What we value: reimagining social policy

Policy Forum Pod

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The Importance of Social Security in Australia

Poverty is, look, it's really just a line in the sand. It's quite arbitrary. I think what was proposed there, lowers financial stress, lowers poverty very dramatically. And also importantly, it doesn't just lower poverty, but it lowers the depth of poverty. So while some may still be in poverty, it leads into a place where they're much closer to the poverty line. They've got more money and, you know, every dollar helps. Maybe in an ideal world, their payment will be even higher than that. But within the unfortunate political realities of the world, it's difficult to spend too much money and change the tax system too much.

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