The ESRI said the Government’s decision not to repeat one-off cost-of-living measures was responsible for much of the adverse effect of the budget on household income. Photograph: iStock
Households will, on average, be 2 per cent worse off next year as a result of measures in Budget 2026, assuming wages grow as expected, the Economic & Social Research Institute (ESRI) says, with low-income households faring worse.
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