Original article by John Kehoe
The Australian Financial Review – Page: 3 : 22-May-20
The federal government’s decision to double the JobSeeker allowance will be scrutinised as part of its forthcoming review of the JobKeeper wage subsidy scheme. There are concerns that increasing the unemployment benefit to $550 a week has prompted some casual workers to quit their jobs, as they are of the view that they are financially better off by going on the dole. Treasury secretary Steven Kennedy stresses that JobKeeper and the increased JobKeeper payment are temporary. However, he has flagged the possibility that they may be phased out gradually.
CORPORATES
AUSTRALIA. DEPT OF THE TREASURY