Cost of Living in NSW: Austerity hits home is the latest annual report from NCOSS looking at the cost of living for low income households in NSW. It outlines the findings of an online survey conducted in May 2019 and completed by 730 people across NSW. The survey aimed to provide a cost of living snapshot by collecting information on household budget priorities, expenditure on essential goods and services and experiences of financial stress and hardship.
Many of the key findings in the 2019 Cost of Living in NSW report are now likely to be exacerbated by the COVID-19 pandemic. NCOSS has developed a supplementary paper calling on the NSW Government to ease the pressure on households in NSW, create jobs and stimulate economic activity by:
- Boosting the supply of social and affordable housing
- Establishing a Resilient Communities - Support and Connect fund
- Partnering with a suitable academic institution and NCOSS to create a NSW Institute for the Social Services Industry (NISSI).