Good news for those looking for jobs or waiting to go back to jobs. The jobseeker and jobkeeper payments have been extended though reduced to some degree.
Jobseeker will be continued past september at $815 a fortnight down from $1100 (ish) per fortnight. This is of course a reduction but I’m glad to see this has been extended in its current form rather than reduced to is old rate. Job seekers will be expected to look for work too.
Job keeper payments have had the same treatment tho a bit more complex falling from $1500 per fortnight to $1200 or $750 a fortnight if you work less than 20 hours per week.
Ideally i guess we’d all like to see it say at the previous rate. We do have to remember this is raising debt that we all have to pay back at some point. Maybe not you, but your children and grandchildren. On the other hand the increased payments has definitely set money circulating in the community again, and will undoubtably help many business and people avoid running up massive debts.
As some of you may remember I made some predictions that this post Covid environment may be tough from a financial point of view for a while to come. It wasn’t really a stretch of logic, but what I didn’t see was a potential second wave of infections starting up in Victoria (and the subsequent lock downs that went with it) and now the very real potential this could reappear in NSW as well.
Figures out today from the ABS *Ref indicate that there’s now around 1 million unemployed in this country (up to 7.4% or 992,300 unemployed people as of today) and the sad thing is its likely to climb higher as the full impact and after effects of the shutdowns is realised. These are 20 year highs to put it in perspective. There’s also talk that half a million people have now completely emptied their superannuation accounts (I don’t have the back up stats for this) in order to keep paying their bills.
What can you do about this? Besides being kind to your fellow humans, not much really. Bear in mind this stuff and the after effects for many people aren’t going away soon. If you need something done or can still spend money in this enviroment please consider sending the way of some of the folk either advertising here or anyone local you know. That is the fastest way to keep money moving. Person to person direct.
With all the negativity in this article it is also important to note that Australia so far has fared better then the vast majority of the world with lower infections and deaths than most reporting countries. In short, it sucks … but could have been a lot worse.
We’ve got another business on board , this week its Brendo’s appliance installation service. Brendo will pick up your washing machine or dishwasher from the place of purchase (anywhere in Canberra) and drop it to your house (anywhere in Canberra) install it and take the old one with him to be disposed of if you so require! All done for the low price of $150 so you pretty much can’t beat that!
DeciBel Creations is a one man operation running out of Canberra. Headed by Dan he makes some reather heartfelt works of art of out up cycled wood and metal parts. We’ve set up a profile for him so you can view some of his works and if you’re interested by all means get in touch with him to find out more!
I can speak for this guy personally as I bought one of his products for my partner on our anniversary and she really loved it. His products are modestly priced (especially for the amount of work that must go into it) and sure to please.