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ABC News
ABC News
Business
political reporter Jake Evans

Committee tasked with investigating JobSeeker rate urges 'substantial' increase ahead of federal budget

Reliance on JobSeeker payments surged during COVID-19, but the rate has been deemed seriously inadequate. (ABC: 7.30)

As the treasurer readies next month's federal budget, a group tasked by the federal government to examine income support payments says the rate of JobSeeker and Youth Allowance are "seriously inadequate".

Treasurer Jim Chalmers and Social Services Minister Amanda Rishworth asked a committee comprised of social security and economics experts, unions, business groups and others to investigate the adequacy of income support and rent assistance as well as barriers preventing Australians from participating in the economy.

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