What happened when we gave unemployed Australians early access to their super? We've just found out
- Written by: Tristram Sainsbury, Research fellow, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University
ShutterstockOne of the most well-established practical observations in economics is that when we give an unemployed person a payment, it tends to delay their return to work.
Rightly or wrongly, it is an argument used to justify a rate of JobSeeker one third below the pension.
How well does the finding apply if the payment is a A$10,000 lump sum...
