Budget 2023 - MESL Impact Briefing MESL Impact Briefing
Issued: October 2022
Summary
This briefing analyses the impact of Budget 2023, applying the MESL data to examine the impact of the announced measures on income adequacy.
The analysis examines the degree to which changes to incomes and services will protect the real value of supports in the face of rising living costs in the coming year.
The briefing assess the effect of both the ‘Cost of Living’ measures for 2022, and the 2023 adjustments to income supports. Measuring adequacy against the latest MESL data, forecasting minimum costs and potential income adequacy in both 2022Q4 and 2023.