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Combined Pensioners & Superannuants Association is a not-for-profit, non-party-political group speaking up for pensioners and people on low incomes since 1931.

Australia
Joined September 2009
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The ACCC supermarket inquiry has revealed what we already knew: Australia's big supermarkets have some of the highest profit margins in the world. We've been saying it for years: high inflation has been caused by big companies price gouging & taking extra profit. #auspol
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The big supermarkets are taking the piss. "Coles & Woolies are among the most profitable in the world. The only thing crazier than them price gouging their way through a cost of living crisis, is their excuses for it," – @RDNS_TAI in February last year!
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Replying to @acccgovau
@acccgovau has released the Final Report of its Supermarkets Inquiry, finding that the supermarket giants were able to drive up their profits while raising prices during the cost-of-living crisis.
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While the report has not recommended that the big supermarkets be broken up, it has made a range of recommendations around the transparency and clarity of pricing for both shoppers and suppliers. CPSA represented our constituents at the inquiry's public hearings in November.
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You can find all transcripts and documents on the inquiry's website, as well as the final report: accc.gov.au/inquiries-and-co…
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AGL kept taking money from welfare recipients via Centrepay years after promising to stop, court hears Energy giant executive admits in court company was ‘absolutely wrong’ not to compensate ex-customers it took money from theguardian.com/business/202…
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Electricity companies are ripping off Australians. Our research reveals more than a third of what Australians hand over to energy giants AGL and Origin for electricity is pure profit for the companies. Consumers are paying twice as much compared to businesses. ⤵️ #auspol
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“Between them, AGL and Origin made more than $3 billion in profits last year.” “Privatisation has made these monsters where market forces should never have been applied.” — David Richardson, Senior Research Fellow at @TheAusInstitute. Read more: australiainstitute.org.au/po…
Electricity companies are ripping off Australians. Our research reveals more than a third of what Australians hand over to energy giants AGL and Origin for electricity is pure profit for the companies. Consumers are paying twice as much compared to businesses. ⤵️ #auspol
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Do you remember the fanfare that came along with @UnitedPetroleum announcing a 4¢ fuel discount for seniors? Well from next week they will require seniors to use a smartphone app to access the discount & will no longer accept existing plastic cards. Merry Christmas from United!
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“Suddenly it starts to feel like the reality of that price increase might come more down to what Woolworths and Coles can get away with,” Mr Pringle said. aap.com.au/news/shoppers-and…
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You can tune in to the ACCC Supermarkets inquiry public hearing this morning to hear evidence from consumer advocacy groups, including CPSA's Senior Policy Officer Billy Pringle. accc.gov.au/about-us/confere…
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What will stop working when the 3G network is shut down on Monday? "There was a total of 266,000 mobile handsets at risk of disconnection [but the] figure has come down to 176,000, which is a reduction of 34 per cent since May," he said. abc.net.au/news/2024-10-25/w…
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🥳We had an impromptu watch party last night as the NSW Legislative Council passed a bill to end no grounds evictions in NSW! Thank you to everyone who helped to make this happen - it's going to mean better stability and secure housing for millions of renters in NSW.
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Let's make housing more affordable and fair! It's time for the govt to phase out negative gearing + the CGT discount for property investors! #FairHousingFuture #BuildSocialHousing #EverybodysHome
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CPSA retweeted
JobSeeker is indexed to CPI, while pensions are indexed to wages as well as prices. Over time this has widened the gap between pensions and JobSeeker from $27 a week in 1992 to $172 a week in 2024. People on working-age payments have fallen further behind.
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Greg explains the problem with negative gearing in 60 seconds: "It is a tax minimisation scheme disguised as a housing policy, most of the benefits go to the wealthiest and it massively distorts housing prices." @GrogsGamut on @theprojecttv #auspol
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Your reminders: Indexation is not an increase Only 14% of welfare reciptents get Commonwealth Rent Assistance Youth Payments only go up Jan one Nobody Deserves Poverty #RaiseTheRate #NobodyDeserevesPoverty abc.net.au/news/2024-09-20/c…
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