The Australian federal government is expected to reject the recommendations made by an expert panel it appointed, which suggested a $34 billion welfare boost. The panel had deemed the current JobSeeker payment inadequate to meet the needs of Australians. The proposed increase would have brought the payment to just under $1000 per fortnight, which is about 90% of the aged pension. However, implementing this change alone would cost approximately $24 billion over four years. The report made a total of 37 recommendations, totaling around $34 billion. Despite this, the government is anticipated to reject the main suggestions. Treasurer Jim Chalmers has already lowered expectations for a significant increase to JobSeeker, stating that the government cannot fund every good idea. However, he has promised that there will be measures to address economic disadvantage in the forthcoming budget.
Source: 9news.com.au
