As we all know, the JobSeeker supplement (alongside JobKeeper) will be cut this weekend from $1100 to $815.
There is widespread concern that the wind back of the JobSeeker supplement will push many Australians into poverty, as well as pull billions of dollars out of the economy.
For example, Deloitte this month forecast that scrapping the JobSeeker coronavirus supplement would cost 145,000 jobs over two years and reduce GDP growth by $31.3 billion.