JobKeeper could be expanded to deal with further coronavirus outbreaks | JennieDuke
The payments will be reduced in September from $1500-a-fortnight for all eligible workers down to $1200 for full-time staff and $750 for part-time workers. This will be cut again to $1000 and $650 respectively in January.
About 2.2 million working-age Australians are currently receiving the coronavirus supplement payment through Youth Allowance or in unemployment benefits through JobSeeker.An analysis of the data by Labor, estimating social security recipients spend 58 per cent of their benefits on retail goods and services, warned cutting back the payments would dramatically affect the retail sector where one in 10 Australians work.
Treasurer Josh Frydenberg said at the federal government's economic update in July he was "favourably disposed" to keeping the higher JobSeeker rate after December and there would be a review.
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