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On last night’s Q&A program, Labor leader Bill Shorten vowed that Labor would lift Newstart if elected, but said he would wait until a review is completed before deciding by how much. From The AFR:
Responding to a question from an unemployed 61-year old woman who is struggling, Mr Shorten rejected suggestions any Newstart increase would amount to “big spending”, but would be a reallocation of priorities…
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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.
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