JobSeeker to receive annual independent review

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The deal with independent senator David Pocock to pass Labor’s Secure Jobs, Better Pay Bill will lead to an annual independent review of JobSeeker, with recommendations to be made before every budget:

[Labor] agreed to set up a “statutory advisory committee” to review ways to boost “economic inclusion”. It will look at “the adequacy of social security support payments every year before the federal budget”…

The new group will be appointed by the treasurer and social services minister. Ministers won’t have to accept what it recommends. But it has the potential to exert substantial leverage on the government, because its review will be published a couple of weeks before the budget.

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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.