High COVID welfare essentially created a ‘floor price’ in the wages market | Sky News Australia

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High COVID welfare essentially created a ‘floor price’ in the wages market | Sky News Australia
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The federal government’s recalibration of JobKeeper and JobSeeker recognises high rates of income support can create a deterrence for people going to look for work, according to Social Services Minister Anne_Ruston.

The federal government’s recalibration of JobKeeper and JobSeeker recognises high rates of income support can create a deterrence for people going to look for work, according to Social Services Minister Anne Ruston. JobSeeker payments will be slashed to $815 a fortnight from September as the Coalition moves to keep COVID-19 support payments until at least the end of the year.

Prime Minister Scott Morrison also announced JobKeeper support would be reduced to $1200 per fortnight towards the end of September with a lower payment of $750 for those working less than 20 hours per week. Minister Ruston said the Treasury Department’s review into JobKeeper uncovered how the payments may have provided essentially a “floor price in the wages market”. “This is preventing or stopping people looking for work,” she told Sky News host Chris Kenny.

 

Anne_Ruston One way to solve it is to raise the minimum tax threshold and apply a tax to any welfare payments. Didnt say it was fair but would be one way to stop the rorting

Anne_Ruston There's no jobs out there for God sake

Anne_Ruston Written and authorised by Chris Kenny for the Australian Liberal Party, Canberra.

Anne_Ruston Yeah but Anne Ruston has no idea what the fuck she's talking about. She's no more qualified for the job then a blind bus driver.

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