Budget wait for JobSeeker boost, but supplement likely for new year

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Exclusive: Unemployed Australians will have to wait beyond the October budget for a crucial decision on the JobSeeker rate, but the budget will include more money to help older Australians through the pandemic

The government increased benefits with a coronavirus supplement worth $550 a fortnight in April but it will cut this rate to $250 from next month, sparking warnings from the Australian Council of Social Service about the hardship imposed on families.

Labor has accused the government of a pension "freeze": the regular indexation of the pension, due to go ahead this Sunday, will not produce an increase because it is linked to inflation, which has fallen below zero. Prime Minister Scott Morrison, pictured with Treasurer Josh Frydenberg, has not put a time frame on the JobSeeker decision."We will make further decisions about JobSeeker closer to the end of the year or potentially even in the budget," Mr Morrison said on July 21.

"Reducing the coronavirus supplement would harm the economic recovery and decrease both [gross domestic product] and employment across Australia," Deloitte said in the report released on Tuesday.

 

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Budget wait for JobSeeker boost, but supplement likely for new yearUnemployed Australians will have to wait beyond the October budget for a crucial decision on the JobSeeker rate. The Government doesn’t have any money either before the budget or after the budget. Every time the Govt spends money it’s is TAXATION. The more they spend the more they Tax. Govt spending on anything & everything causes wealth inequality. We must change our understanding of this Dear Jobseekers, if you want to find a job, Write to you local MP & demand Same Rules for Everyone. There is more than enough money in the economy, but because Govt interferes with different rules for different people this money stays with the few & causes Wealth Inequality. Fact Over 1.3 million unemployed no one can go back to $40 a day . Morrison has to give these people some security moving forward release information on a liveable amount for those on Job Seeker in the budget . Show some compassion .
Source: theage - 🏆 8. / 77 Read more »

Budget wait for JobSeeker boost, but supplement likely for new yearUnemployed Australians will have to wait beyond the October budget for a crucial decision on the JobSeeker rate. The Government doesn’t have any money either before the budget or after the budget. Every time the Govt spends money it’s is TAXATION. The more they spend the more they Tax. Govt spending on anything & everything causes wealth inequality. We must change our understanding of this Dear Jobseekers, if you want to find a job, Write to you local MP & demand Same Rules for Everyone. There is more than enough money in the economy, but because Govt interferes with different rules for different people this money stays with the few & causes Wealth Inequality. Fact Over 1.3 million unemployed no one can go back to $40 a day . Morrison has to give these people some security moving forward release information on a liveable amount for those on Job Seeker in the budget . Show some compassion .
Source: theage - 🏆 8. / 77 Read more »