Up to 40,000 Australians could lose their jobs after the federal government cuts the JobSeeker payment from April, according to new analysis.The think tank says cutting unemployment benefits on April 1 will suck about $5 billion out of the economy in the coming yearTreasurer Josh Frydenberg defended the change, saying JobSeeker "has never been seen as a replacement wage"
"If the federal government really wants to get more Australians working, it should think again," said Brendan Coates, household finance program director at the Grattan Institute. However, at the same time, his government will be abolishing the $75-a-week Coronavirus Supplement to JobSeeker. Peter Whiteford from the Crawford School of Public Policy at the Australian National University, who is a leading expert on Australian social policy, says the changes will take Australia's pre-pandemic unemployment payments from the lowest in the OECD to the second-lowest, after Greece.
Plenty of retirees on super pensions get franking credits refunds which are more than revised JobKeeper. And that's just for starters.
If Labor had not voted the Greens down in 2019 before the election you would have had $75 pre COVID.
Do you mean Jobkeeper or Jobseeker?
Groan.....another ABC victim story.
Just to be clear If the unemployment rate dropped to 3% (as it was under Menzies) the LNP gov't would panic b/c they need high unemployment to keep wages down. Hence no stimulus that actually worked. vanbadham provides links to gov't docs in this article
The Federal Government doesn’t listen to experts They think it wins votes by demonising the unemployed
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Here’s what the $3.57-a-day JobSeeker boost will mean for single mother Amy and her two kidsWith the announcement of a $3.57-a-day JobSeeker increase, single mother-of-two Amy Ivey says she will be ‘going back to very stressful times’ when the coronavirus supplement ends next month. Tried getting a job? Get a hair cut and a job. At least she gets an increase. We are in a worldwide crisis on latest reports
Source: SBSNews - 🏆 3. / 89 Read more »
'Face of homelessness changing rapidly' as extra COVID welfare payments dry upRegional homelessness services say they are at capacity, and the end of JobKeeper and cuts to JobSeeker will see more people needing support — some for the first time. Worst deck of cards ever Mr Speaker!!! And still more cover ups. This was a massive problem before the pandemic. 120,000 homeless 3 million living in poverty. If the numbers are now worse it's lucky are international borders are closed we cant take care of the people we have got. 👎
Source: abcnews - 🏆 5. / 83 Read more »
More than 150,000 Australians face poverty as JobSeeker supplement expires, new modelling warnsNew modelling released by progressive think-tank the Australia Institute predicts the JobSeeker payment changes will result in 155,000 people - including 18,000 children - moving into poverty. ‘Progressive’ meaning Labor/Greens mouthpiece. This has already been debunked by the RBA and the Governor who predict it will have little impact and is the correct policy decision And the government will then remove those children citing neglect and give them to paedophiles
Source: SBSNews - 🏆 3. / 89 Read more »
‘I haven’t had breakfast for years’: Job search to get tougher as JobKeeper endsOne entry-level job is advertised for every 48 people relying on JobSeeker payments, with competition set to rise after JobKeeper ended on Sunday, leaving tens of thousands of people at risk of losing their jobs | AnnaPattySMH AnnaPattySMH Investing today will save you the stress of financial crisis tomorrow.. Live the kind of life you want today by investing and trading Bitcoin option. Trade with a professional trader and start making good profits today. lisadonaldT for transparency and trust. AnnaPattySMH Govt will need to improve the situation for those who are seeking employment, must double their payments & lift people out of poverty. An increase will lift local economies, generate new business, move greater number into employment & will assist Aust SMEs. LiberalAus AnnaPattySMH Soo easy to get a job in Australia endless opportunity ! . Mining jobs galore ,solar farms , wind farms the entire renewable sector. Its there on a silver plater imo .
Source: smh - 🏆 6. / 80 Read more »