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The Guardian - AU
The Guardian - AU
National
Amy Remeikis and Josh Butler

Labor should use its ‘power for the people’ and lift jobseeker, former RBA governor says

Bernie Fraser
The former RBA governor Bernie Fraser, who led Australia through the ‘recession we had to have’, has publicly called for a raise in jobseeker rates. Photograph: Mick Tsikas/AAP

The Albanese government “needs to start using its power for the people like it promised it would,” a former RBA governor has said, as he joined calls for a lift to the jobseeker rate.

Bernie Fraser, who was tasked with guiding Australia’s monetary policy through 18% interest rates and “the recession we had to have”, said the unemployment payment was one of the “many areas desperately needing attention” in the coming budget.

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