The government is about to make an historic decision.
In that time general living standards, as measured by real gross domestic product per capita, have almost doubled, climbing 83%.
Other benefits such as the age pension have broadly kept pace with living standards. They climb in line with wages rather than the slower-growing consumer price index.
In dollar terms the single rate is now just A$565.70 per fortnight, close to the poverty line and well below the $860.60 paid to single pensioners. Back in the early 1990s it was close to the pension.
- ^ JobSeeker (www.servicesaustralia.gov.au)
- ^ enabling someone to look for a suitable job (www.oecd-ilibrary.org)
- ^ doubled (theconversation.com)
- ^ coronavirus supplement (treasury.gov.au)
- ^ need to meet the costs of their groceries and other bills (ministers.treasury.gov.au)
- ^ six months (treasury.gov.au)
- ^ What'll happen when the money's snatched back? Our looming coronavirus support cliff (theconversation.com)
- ^ Thursday (ministers.treasury.gov.au)
- ^ $80 to $120 per week (www.adelaide.edu.au)
- ^ dissenting report (www.aph.gov.au)
- ^ increased (www.aph.gov.au)
- ^ When the Coronavirus Supplement stops, JobSeeker needs to increase by $185 a week (theconversation.com)
- ^ never been asked to examine that question (parlinfo.aph.gov.au)
- ^ Deloitte Access Economics (www.acoss.org.au)
- ^ job-ready (ministers.dese.gov.au)
- ^ The government is making ‘job-ready’ degrees cheaper for students – but cutting funding to the same courses (theconversation.com)
- ^ endorsed (www.pc.gov.au)
Authors: Michael O'Neil, Executive Director, SA Centre for Economic Studies, University of Adelaide