JobSeeker’s $200 boost could cost $4 billion for six months

Original article by Shane Wright
The Age – Page: Online : 3-Jul-20

The Bankwest Curtin Economics Centre’s director, Alan Duncan, says the JobSeeker payment should be increased when the coronavirus supplement ends in September. Duncan contends that the unemployment benefit was insufficient prior to the pandemic, and he has suggested that it could be increased by $200 a fortnight; he estimates that this would cost about $3.8bn over six months. Duncan adds that the JobSeeker payment must be scaled back in order to provide people with an incentive to seek work.

CORPORATES
BANKWEST CURTIN ECONOMICS CENTRE

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