The Prime Minister Scott Morrison has announced JobSeeker payments will increase by $50 a fortnight from April when the coronavirus supplement ends. However, to qualify for the payment, recipients will need to meet extended mutual obligations – including face to face meetings with employment services and job training if unemployed for more than six months.… Read more »
Overwhelmingly, Australia’s leading economists want the budget to boost social housing and the JobSeeker unemployment benefit rather than bring forward personal income tax cuts. The 49 eminent economists who responded to Conversation-Economic Society of Australia pre-budget survey were asked to rate 13 options in terms of “bang for the buck” – effectiveness in boosting the… Read more »
Australian National University calculations suggest JobKeeper and the boosted JobSeeker payment have saved about 2.2 million people from poverty. It’s a remarkable outcome without precedent in Australia. However, the planned cuts to the government benefit and wage subsidy schemes will have savage impacts for hundreds of thousands of Australians. JobKeeper was set at A$1,500 per… Read more »
The government’s lifeline to small businesses and the unemployed – the JobKeeper and JobSeeker payments – will be extended past their original September cut-off date to continue to provide support to Australians during the coronavirus crisis. The prime minister Scott Morrison announced the wage subsidy program and unemployment benefit schemes would extend for a further… Read more »
There are now less than three months to go before the expanded JobSeeker payment is due to end. As a result, there is a growing political debate about what should happen to the unemployment payment that was roughly doubled in April. While the government is reportedly considering a revamp of both the JobSeeker and JobKeeper… Read more »
Can you survive on $550-670 a week? That’s exactly how much money millions of Australians will have to satisfy their financial obligations as the impact of the coronavirus crisis continues. More than 850,000 businesses have registered for JobKeeper payments, in addition, to close to 600,000 people who have applied for the JobSeeker scheme. The schemes… Read more »
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