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

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 78%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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.

Ireland Ireland Latest News, Ireland Ireland Headlines