Labor Will Support Australians in Financial Hardship in Banks
9.35am | April 11, 2019
SENATOR JENNY MCALLISTER
SHADOW ASSISTANT MINISTER FOR FAMILIES AND COMMUNITIES
SENATOR FOR NEW SOUTH WALES
LABOR CANDIDATE FOR BANKS
LABOR WILL SUPPORT AUSTRALIANS IN FINANCIAL HARDSHIP IN BANKS
A Shorten Labor Government will provide $40 million over four years to emergency relief organisations across the country.
The funding will reverse Liberal cuts to emergency relief organisations and provide a much-needed funding top-up to the emergency relief sector.
Over the next four years, Labor will provide additional funding to the emergency relief organisations that work in Padstow, Revesby and Panania.
This includes $59,000 to Padstow Community Care to deliver local services. In addition, a Shorten Labor Government will provide $596,000 to St Vincent De Paul Society NSW and $3 million to the Salvation Army to deliver services across the ACT, NSW and Queensland.
Emergency relief organisations support vulnerable Australians who have nowhere else to turn by providing food hampers, transport vouchers and financial assistance.
The charities and not-for-profits that do this work are increasingly stretched and need more resources.
Under Liberal cuts, many emergency relief services will be forced to close their doors or slash services by the end of the year.
Only a Labor Shorten Government will re-invest and support these vital services.
In addition, Labor will provide more support for Australians in financial hardship by:
- Doubling the number of financial counsellors across the country that support people who are in a debt spiral;
- Expanding low cost alternatives to pay day loans for low-income Australians; and
- Reversing the Morrison Government’s $5.5 million a year cut to emergency relief organisations across the country.
A Shorten Labor Government will make sure our charities have the resources they need to support those who most need it.
THURSDAY, 11 APRIL 2019
MEDIA CONTACT: LABOR CAMPAIGN MEDIA 02 9165 8299