• AustInvest

JobSeeker supplement to be extended until end of March

Unemployed Australians will have the temporary coronavirus supplement extended into next year at a reduced rate under a federal government decision to increase the $16.8 billion payment.

Prime Minister Scott Morrison confirmed on Tuesday the welfare supplement will continue until March in a boost for JobSeeker recipients and others on income support, ending weeks of doubt over whether the payments would end at Christmas as previously scheduled.

Mr Morrison and cabinet ministers made the decision on Monday night to extend the supplement for another three months, with the payment to fall from $250 to $150 per fortnight from January 1.

The Prime Minister said the extension will cost $3.2 billion over the three-month period, with the legislation for the change to be introduced later this week.


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