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Showing 41 - 50 of 74 results for "Jobseeker"

Chief economist update: Honey, COVID-19 got me sacked

BENJAMIN ONG  |  FRIDAY, 19 JUN 2020
... slips - 286,500 full-time and 520,900 part-time. It would have been much worse had it not been for the JobKeeper and JobSeeker initiatives. The RBA forecast the unemployment rate to reach 10% in June before settling at 9% by end-2020. The latest OECD ...

We cannot prevent the blow: PM

ELIZA BAVIN  |  TUESDAY, 16 JUN 2020
... live within their means and guarantee the essentials Australians rely on, as ever." Morrison said the JobKeeper and JobSeeker schemes proved to be an invaluable economic lifeline, but said some businesses will still not survive despite the support. "Without ...

Men gamble ERS payment away: Research

ELIZABETH MCARTHUR  |  MONDAY, 15 JUN 2020
... Andrew Charlton said. "While this spending would have certainly helped the economy - in similar ways to JobKeeper and JobSeeker - there will be heftier prices to pay in retirement with the early withdrawal of super." According to the data, from the start ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... domestic business operations. What mattered big time though is Mighty Mo's rescue packages - more specifically, his JobSeeker and JobKeeper schemes and of course, the RBA's monetary policy accommodation. So much so that, while the June quarter ...

Charities call for further stimulus

ALLY SELBY  |  WEDNESDAY, 3 JUN 2020
... transition to the 'new normal'. It also calls for increased funding for government contracted services, the retention of JobSeeker at a higher level to mitigate the increase in demand for charities, the creation of nationally consistent fundraising laws ...

IOOF to provide fee relief to adviser network

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... said. "With more than 3.5 million Australians currently enrolled in the JobKeeper scheme, and more than one million on JobSeeker, many Australians have clearly found themselves under duress because of this pandemic. They need help to get back on their ...

Sentiment weakens as macro threats loom

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... of these measures ending. "We are becoming increasingly concerned about what will happen in Q4 when JobKeeper and the JobSeeker supplement, along with loan deferrals, come to an end," he said. "We estimate the stimulus, along with early superannuation ...

Australia approaches fiscal cliff: UBS

ALLY SELBY  |  WEDNESDAY, 20 MAY 2020
... of the COVID-19 pandemic but with end dates in sight, UBS has warned of an impending fiscal cliff. With JobKeeper and Jobseeker packages as well as debt deferrals scheduled to end, household cash flow spending would likely contract sharply in the fourth ...

Chief economist update: Pay cut or pay not?

BENJAMIN ONG  |  FRIDAY, 15 MAY 2020
... JobKeeper scheme has, no doubt, limited the nightmare scenario for the Australian labour market. This, together with the JobSeeker payments, should keep Australian household incomes afloat and therefore, mitigate a much sharper decline in consumer spending. ...

Road to recovery

ELIZA BAVIN  |  THURSDAY, 14 MAY 2020
... offsetting the loss from wages and salaries," she said. "The numbers are staggering. The combination of the increase in the JobSeeker, the increased eligibility to households cash payments being paid, has dwarfed the loss in income flows." "We're actually ...