Raise jobseeker to 90% of age pension and pay for it by curbing super tax concessions, Vinnies says

In the lead-up to Labor’s productivity roundtable, an ANU report stresses the need to make Australia more equitable as well as more efficient. Photograph: Ellen Smith/The Guardian

A welfare reform package that includes raising jobseeker to 90% of the age pension would lift 590,000 Australians out of poverty, with the $11bn price tag paid for by curbing super tax concessions in a way that still leaves the vast majority of savers better off.

A new Australian National University paper for the St Vincent de Paul Society, titled A Fairer Tax and Welfare System for Australia, examines a range of options that “are targeted to benefit persons who have the greatest financial need and would be paid for by those most able to accommodate a modest additional contribution”.