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Business and Money

Winding back JobKeeper and JobSeeker will push 740,000 Australians into poverty

  • Written by: Ben Phillips, Associate Professor, Centre for Social Research and Methods, Director, Centre for Economic Policy Research (CEPR), Australian National University
Winding back JobKeeper and JobSeeker will push 740,000 Australians into povertylakshmiprasada S/Shutterstock

Australian National University calculations suggest JobKeeper and the boosted JobSeeker payment have saved about 2.2 million people from poverty.

It’s a remarkable outcome without precedent in Australia.

JobKeeper was set at A$1,500 per fortnight and the Coronavirus Supplement was set high enough to double JobSeek...

Read more: Winding back JobKeeper and JobSeeker will push 740,000 Australians into poverty

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