Business
‘Unfair’ new JobSeeker test sees Aussies wait 13 weeks for help – Yahoo Finance Australia
“Taking that safety net away is not only unfair, but also irresponsible and it will have a chilling effect on the wider economy.”
Australians with more than $5,500 in savings could be forced to wait up to 13 weeks before receiving JobSeeker payments, under the waiting period set to be reinstated from Friday.
The liquid assets test applies to new JobSeeker applicants, and means single people with no dependents will need to wait at least one week before accessing the payment if they have between $5,500 and $5,999.
And for single Australians with $11,500 or more, they will need to wait as long as 13 weeks.
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