Lifestyle

JobSeeker payment cuts come into effect on January 1, slashing COVID financial support

While many will be hoping the new year will bring new beginnings, millions of Australians are set to be financially worse off amid cuts to the JobSeeker payment.

The JobSeeker payment, introduced to soften the economic blow of the COVID-19 pandemic, has been cut from Friday 1 January, 2021.

About 1.6 million people receiving the $250 fortnightly payment will now receive just $150.

The move has angered the federal government’s opponents and welfare groups, which claim vulnerable people will struggle to get by.

The Australian Council of Social Services has called for a permanent increase of JobSeeker to $65 a day to bring people above the poverty line.

People queue to enter Centrelink on March 24, 2020 in Melbourne, Australia. Credit: Quinn Rooney/Getty Images

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