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Why JobSeeker, JobKeeper reductions could cause economic crisis – NEWS.com.au

Why JobSeeker, JobKeeper reductions could cause economic crisis

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When it comes to the economy, Aussies are asking these same questions: When will the worst hit? When will we be through to the other side? When can we start to feel hopeful?This fiscal cliff is coming, and I can’t help thinking about this iconic scene from The Simpsons.
Recovery is not going to be simple, and you can start to see that in the official predictions.
Treasury’s new forecasts show unemployment peaking later than previously expected. The Reserve Bank of Australia’s old baseline scen…

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