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

Exclusive: Welfare reform paper also urges increases to rent assistance and payments to families and single parentsGet our breaking news email, free app or daily news podcastA 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”. Continue reading...

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