Australian Council of Trade Unions Campaign Delivers Continued Income Support
The ACTU has welcomed the continuation of JobKeeper and JobSeeker but has concerns about the changes to the program design.
The extension of JobKeeper is essential to supporting working people during this crisis, however there is still a need to close gaps which exist in the program so every worker and employer effected by the pandemic are covered.
The ACTU has questioned the justification for cutting payments to all workers receiving JobKeeper and especially those working fewer than 20 hours, who are often low paid and by the Government's own admission have often lost 2nd and 3rd jobs. They have suggested the approach is misguided and will cause financial hardship to huge numbers of working people.
The cuts to JobSeeker and the reintroduction of mutual obligations may signal a return to the failed punitive approach to welfare which Australians hoped had been left behind.
Asserting that unemployed workers should be trying harder to find a job while there are 13 people for every available job is not based in reality.
The ACTU has reiterated that while these supports are an important foundation it will be a jobs-led reconstruction plan that allows
Quotes attributable to ACTU Secretary
"The union movement has been campaigning for continuing the JobKeeper and JobSeeker programs, the gaps also need to be closed so everyone who has been badly effected by the pandemic is supported.
"This announcement has delayed the economic catastrophe that would have resulted from pushing these programs off the cliff during the pandemic, but we need far-reaching government investment to create a path out of recession and to create the jobs we will need to rebuild the economy.
"The increase of the income free threshold to


Poms & Associates' Free Webinar for Employers Tackles Human Resources Issues Related to COVID-19
Ventas Announces Second Quarter 2020 Earnings Release Date and Conference Call
Advisor News
- Judge rules insurers not liable for Newport Group’s AME Church pension lawsuit
- Why vacation homes are becoming a major blind spot for advisors
- The rise of the ‘gray divorce’ insurance client
- Succession planning: Building the future of your practice
- From loss to security: Supporting widowed clients with life insurance
More Advisor NewsAnnuity News
- When technology becomes easy to rent, what still separates life and annuity carriers?
- Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
- Empower Annuity Insurance Company of America Trademark Application for “EMPOWER WHAT’S NEXT” Filed: Empower Annuity Insurance Company of America
- Industry pushes back on linking ‘financial strength’ to annuity illustrations
- Sammons Enterprises & Sammons Financial Group Respond to Reports
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- AM Best Withdraws Credit Ratings of New Providence Life Insurance Company
- When technology becomes easy to rent, what still separates life and annuity carriers?
- St. Paul & Minnesota Foundation invests $15M to help revive downtown St. Paul
- Legacy Marketing Group® and Malibu Life USA Announce Distribution Partnership for New Fixed Indexed Annuity Platform
- NAIC SUMMER NATIONAL MEETING HIGHLIGHTS COLLABORATION AND ADVANCES PRIORITIES
More Life Insurance News