Unemployed shafted again by Morrison Government

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So, the Morrison Government has announced an $18 billion stimulus package to combat the coronavirus.

While the unemployed languishing on Newstart will receive tiny one-off payments of $750, they once again were largely overlooked by the federal government, which sees pensioners, small businesses, and tradies as more worthy of report.

Let me explain, once again, why the Morrison Government should have included a large ($75-plus a week) lift to Newstart in its stimulus package.

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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.