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Tag Archives: recession

Jobless benefits to be among worst in developed countries

Budget concerns

A LOW-PAID Australian worker laid off during the pandemic will receive the third-lowest unemployment benefit amongst developed countries, when the coronavirus supplement is reduced, according to a social security expert. Despite mass unemployment and extended COVID-19 restrictions and lockdowns, the federal government plans to cut the supplement by $300 on September 25, reducing the base rate of benefits to about ... Read More »

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