ACN Business

Soaring inflation prompts biggest Social Security cost-of-living boost since 1981 – 6 questions answered

Written by John W. Diamond, Director of the Center for Public Finance at the Baker Institute, Rice University

Social Security benefits have lost their purchasing power as inflation has soared in 2022.Luis Alvarez/DigitalVision via Getty Images

Social Security is set to boost the benefits it provides retirees by 8.7%, the biggest cost-of-living adjustment since 1981. It comes as sky-high inflation continues to eat into incomes and savings.

The changes are...

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Australia’s inflation surge just made an RBA rate rise more likely
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ASTN’s Open Innovation Challenge reimagines fan engagement for Melbourne Renegades
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Recognising the value and significance of cyber resilience
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PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

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BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

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VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

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The Rise of Mobile-First Venues

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Why the SME is now the primary engine of global cybercrime

For over a decade, the most practical and effective advice we could offer an employee was to spot the typo. It was practical, it was free, and it wo...

Soaring inflation prompts biggest Social Security cost-of-living boost since 1981 – 6 questions answered

Intium scales for the future with an in-house engineering model

A probe into ‘forever chemicals’ in activewear lays bare fashion’s greenwashing problem

Australia’s inflation surge just made an RBA rate rise more likely

From fake medicines to watches, counterfeits are everywhere and getting harder to catch

‘Mum and dad investors’ are pulling back. What will that mean for NZ’s housing market?

Negative gearing tax breaks could finally be tightened in the May budget. What options are on the table?

Traditions of Rural Bali at Villa Sabana

Australia is experiencing a clean energy revolution as commercial and domestic landlords turn rooftops into revenue

ASTN’s Open Innovation Challenge reimagines fan engagement for Melbourne Renegades

Key Reasons Why Businesses Need Cloud Computing

Recognising the value and significance of cyber resilience

PayNuts Unveils Expanded Integrated Solutions and Refreshed Brand to Support Australian SMEs

BizCover Brings Australia’s First AI-Based Insurance Quotes to ChatGPT

VistaPrint Research Reveals Australian Small Businesses Face a Succession Cliff

Corporate volunteering grows up: how companies are shifting to meaningful, community-led impact

The Rise of Mobile-First Venues

Why the SME is now the primary engine of global cybercrime

The risks of underinvesting in CX

Why Your Business Is Being Left In the Economic Dust: Nimble Risk Management During Uncertainty

How Contiki is Redefining Travel for Young Adventurers