Latest news Private trusts are used to avoid tax and new reforms are essential for fairness ACOSS welcomes the introduction of a bill today to reform the taxation of discretionary trusts and private companies.High-income earners routinely exploit discretionary trusts to cut their tax rates well below those paid by average workers, depriving the government of billions in revenue.Click here to read more $630 million wages boost welcome recognition of community workers and the people they support The federal government’s $630 million funding announcement to support fairer pay for 460,000 health, disability and community workers is welcome news for a sector pushed to its limits.Click here to read more Correct course on gas reservation or risk capture A cross-sector alliance has warned the Albanese Government’s domestic gas reservation is on course to be captured by narrow vested interests. The group includes many of the biggest players in the reservation debate – Australia’s chief industry advocate, the union for gas workers and gas-intensive heavy industry, the country’s largest environmental group, and the peak body supporting energy-poor low-income households. Click here to read more Three in four people in households reliant on JobSeeker live in poverty Australia’s income support system is leaving large numbers of people below the poverty line, according to new research from the ACOSS and UNSW Sydney-led Poverty and Inequality Partnership released at the start of Anti-Poverty Week. Click here to read more Raising rates will push more people out of employment Increasing interest rates will cost jobs, with the heaviest burden falling on people who lose work or can’t find enough paid work, ACOSS has warned ahead of the RBA decision on Tuesday.Click here to read more