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Charities have warned that millions of people across Australia are expected to become reliant on food charities if JobKeeper and JobSeeker are unwound abruptly:
While more than 1.7 million people are on JobSeeker and another 3.3 million on the $1500-a-fortnight JobKeeper wage subsidy, charities have noted a surge in the number of people who have missed out on federal assistance.
Foodbank chief executive Brianna Casey on Wednesday told the Senate’s coronavirus committee there had been a 78 per cent jump in people needing food relief since the advent of the pandemic.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.