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Men's Weekly

Cutting unemployment will require an extra $70 to $90 billion in stimulus. Here’s why

  • Written by Brendan Coates, Program Director, Household Finances, Grattan Institute
Cutting unemployment will require an extra $70 to $90 billion in stimulus. Here’s whyShutterstock

After managing the first stage of the COVID-19 crisis so effectively, the government now faces a bigger challenge: getting us back to work.

The official employment figures indicate the scale of what’s needed. In the past two months number of Australians with a job has fallen by 835,000. Millions more are in jobs kept on life...

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  3. Jobs deficit drives army of daily commuters out of Western Sydney
  4. 2020-21 economic survey points to a weak recovery getting weaker, amid declining living standards
  5. Qantas cutbacks signal hard years before airlines recover

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