High remittance costs to Pacific Islands causing hardship - Lowy Institute proposes reforms

Ordinary Australians continue to be hit by the rising cost of living. But it's a lot worse for Pacific Island workers who are being slugged with big fees to send money back home to their families. A paper out this morning from the Lowy Institute warns urgent action is needed to cut the costs of these overseas transfers given the reliance of families back home for life's essentials.