Business
Unemployment support will be slashed by $300 this week. This won’t help people find work – The Conversation AU
New analysis shows there is considerable scope to increase JobSeeker payments before they might hinder people’s motivation to find paid work.
This week, support to unemployed Australians will be dramatically reduced.
In April, the new Coronavirus Supplement roughly doubled the level of benefits for unemployed people on the JobSeeker payment and a range of other working-age payments.
The supplement will drop from $550 to $250 a fortnight from Friday. This is before it is dropped entirely at the end of 2020.
While there has been increasing pressure from welfare groups to maintain a higher level of JobSeeker supplement, there have a…
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