Labor’s JobSeeker betrayal hurts senior Australians most

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A fortnight ago, Labor announced that it would not commit to increasing the $46 a day JobSeeker payment and dropped its planned review of the unemployment benefit if it won the upcoming federal election.

Regular readers will know that MB has campaigned long and hard to raise JobSeeker for the simple reasons that it has fallen well below both the Aged Pension and minimum wage:

JobSeeker relative payment rates

It is well below the poverty line:

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JobSeeker versus poverty line

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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.