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Over the weekend, Newscorp publications reported that Treasurer Josh Frydenberg would announce a $75 permanent increase to JobSeeker, from $565.70 a fortnight to $715.70, as part of the economic update slated for 23 July.
The figure was leaked by unnamed senior ministers, who reportedly told The Sunday Telegraph that a $75 a week increase was the preferred option post the COVID-19 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.