A generous increase in Newstart?
On Sunday 22 March the Prime Minister, Scott Morrison, and Treasurer, Josh Frydenberg, announced a package of measures as part of their Economic Response to the Coronavirus (ERC). That response included a new Coronavirus Supplement to the Jobseeker Payment (formerly Newstart) to be paid at $550 per fortnight. This is a significant and unprecedented increase in Newstart, and it is true that it virtually doubles the basic rate of payment. However, things are more complicated when we look at the different family types.