Budget wait for JobSeeker boost, but supplement likely for new year |EXCLUSIVE
The government increased benefits with a coronavirus supplement worth $550 a fortnight in April but it will cut this rate to $250 from next month, sparking warnings from the Australian Council of Social Service about the hardship imposed on families.
Labor has accused the government of a pension "freeze": the regular indexation of the pension, due to go ahead this Sunday, will not produce an increase because it is linked to inflation, which has fallen below zero. Prime Minister Scott Morrison, pictured with Treasurer Josh Frydenberg, has not put a time frame on the JobSeeker decision."We will make further decisions about JobSeeker closer to the end of the year or potentially even in the budget," Mr Morrison said on July 21.
"Reducing the coronavirus supplement would harm the economic recovery and decrease both [gross domestic product] and employment across Australia," Deloitte said in the report released on Tuesday.
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