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The Guardian - AU
The Guardian - AU
Business
Greg Jericho

Raising jobseeker is not ‘fiscally sustainable’? Sorry, but that is flat out wrong

A Centrelink branch in Melbourne
A Centrelink branch in Melbourne. ‘Australia has the lowest relative unemployment assistance of any nation in the OECD,’ Greg Jericho writes. Photograph: Julian Smith/AAP

On Monday the Productivity Commission released its snapshot of inequality report. As a “snapshot”, the report is just presenting the current situation rather than offering solutions. But unfortunately, it also perpetuates the lie that inequality and poverty is beyond our ability to fix.

It took only two paragraphs for warning bells to start ringing in my ears. On the opening page, the commission notes “the initial period of the pandemic saw an unprecedented fall in income inequality”. This of course did not happen by accident but “as a result of the significant increase in support payments from the Australian Government”.

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