650,000 Australians will face poverty if JobSeeker axed, new modelling shows

The Australia Institute estimates more than 650,000 people will be thrown into poverty if the JobSeeker dole payment returns to its pre-pandemic level.

Source: Centerlink

New economic modelling suggests over half million Australians would be thrown into poverty if the JobSeeker dole payment returns to its pre-COVID-19 pandemic level of $40 a day.

Treasurer Josh Frydenberg will hand down an economic and fiscal update on Thursday, which will include Treasury's review of the enhanced JobSeeker payment, as well the JobKeeper wage subsidy, both of which are legislated to end in September.

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