Our social security payments are so low that they trap people in poverty - it's incredibly difficult to get a job when you're worrying about how to put food on the table or to make sure you have a roof over your head.
Ever since financial deregulation in the 1980s we've had a finance industry scandal followed by an inquiry, a quick fix and a declaration that it shouldn't happen again. Commissioner Hayne's final report hasn't gone far enough to end this cycle.
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