The Australia Institute’s (TAI) chief economist, Richard Denniss, has penned a good piece in The AFR lambasting moves by the Turnbull Government to reduce unemployment benefits to new recipients:
When someone loses their job through no fault of their own, the Australian government steps in to help provide them with a “Newstart” allowance of $263.80 per week… How many weeks could you pay the mortgage for if your income fell to $263.80 per week?…
