Australian Government Set to Increase Jobless Benefit After Pandemic Supplement Ends in March

The Australian government is set to introduce a permanent rise in the JobSeeker payment rate by $50 a fortnight. This will be the first real increase to the unemployment benefit in Australia since 1994. It is also the largest increase since 1986 and is expected to cost the country $9 billion dollars over the next four years The proposal, which was discussed during a Liberal Party meeting on Tuesday, will be fast-tracked into legislation before the end of March. The government aims to offer the unemployed a decent safety net without disincentivising them to get back to work, especially at a time when regional areas and some businesses are struggling to fill job vacancies. Prime Minister Scott Morrison said the changes to the JobSeeker rate were tied to the vaccination roll-out. “We are moving from short-term emergency measures to long-term arrangements that people can rely on should they find themselves …
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Australia news | The Epoch Times