SPR30831 WLF SPA WhitePaper v12 - Flipbook - Page 14
Economic overview
however, attracted broad support from business as well as the not-for-profit sector: with the
Business Council of Australia and the National Council of Social Services joining the call 43.
We agree that the base rate of JobSeeker needs to increase following the gradual phasing out
of JobSeeker and JobKeeper provisions, so that people experiencing the challenges of
employment insecurity can meet their basic needs and have the support necessary to find
meaningful work when it becomes available.
We also suggest that the Australian Government consider extending JobKeeper, in adjusted
form, beyond September 2020. The extension would target the subsidy to employers in
industries that continue to see the most significant impacts, such as the food and
accommodation services as well as the arts and recreation industries. This extension would
moderate the fiscal impact of JobKeeper, while ensuring businesses in industries most
vulnerable to job loss are supported to retain their employees until a broader economic recovery
is apparent.
Recommendations
The Australian Government to consider:
• increasing the base rate of JobSeeker after the coronavirus supplement expires
• e
xtending JobKeeper beyond September 2020 to target employers in industries that continue
to see the most significant impact.
Reducing distress in the community following the COVID-19 pandemic
June 2020
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