A new report released yesterday by Professor John Spoehr and the Australian Workplace Innovation and Social Research Centre (WISeR) reveals more than 265,000 (29.4%) of families in South Australia will be worse off in 2017-18 as a result of the 2014-15 Federal Budget.
The report shows that proposed health and education spending reductions result in losses of Gross State Product ranging as high as $1.6 billion. The jobs impact of these reductions combined with cancellation of Round 5 of NRAS are estimated to range as high as 17,800 person years of employment. Up to 7,000 fewer jobs are forecast for 2017-18. Copies of the report can be downloaded at the WISeR website – www.adelaide.edu.au/wiser
The reports release will complement the Dunstan Foundation WISeR event being hosted tomorrow with Professor Peter Whiteford titled ‘The Age of Disentitlement: Household Impacts of the Federal Budget‘ where Professor Whiteford will explore the results of this research in a presentation and panel discussion session of community sector experts; Ross Womersley, SACOSS; Alice Clark, Shelter SA; and Simon Schrapel, Uniting Communities, who will discuss these impacts on South Australia’s most vulnerable. A video recording of the event will be available soon on the Dunstan Foundation website.