Opinion
The Morrison Government’s lifting of JobSeeker payments by $3.57 a day while axing the coronavirus supplement ensures recipients will continue to live in poverty. But it’s also a substantial blow to the state economy, writes Greg Ogle.
News
About $35 million a month will be stripped from the South Australian economy when the JobSeeker coronavirus supplement is axed in March, according to analysis of data from federal electorates and the federal Parliamentary Library.
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Prime Minister Scott Morrison says it’s time to bring the curtain down on big spending programs that secured jobs and boosted welfare payments after the pandemic hit, with JobKeeper wage subsidies and boosted JobSeeker payments on track to end in two months.
The Australian economy has emerged from its first recession in nearly 30 years, growing by 3.3 per cent in the September quarter to beat predictions by economists and the Reserve Bank.
Watch your inbox after 3pm for InDaily’s special State Budget edition detailing new costs, charges and funding in a pandemic-hit South Australian economy.
Cutting unemployment to below four per cent post-pandemic is important for workers and the economy, but eliminating it is near unachievable – and that’s not all negative, argues Richard Holden.
Australians who were struggling to get enough food before COVID-19 are now going hungry more often, with a charity reporting a rise in the number of people reporting going a day a week without eating.
