Kohler: Fiscal cliff dead ahead

More nice work from Alan Kolher today:

As things stand the temporary lifting of the ban on trading while insolvent is due to end on September 27 and loan repayment deferrals were due to end at the same time but have been extended… up to a point.

…The JobSeeker coronavirus supplement goes to 1.6 million people and will be cut from $550 per fortnight to $250 on September 24 and then to zero on December 31. That is, unemployed people on the dole are set to go back to living on $40 a day from January 1.

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