Welfare Coronavirus supplement cut from January 1

More than 1 million Australians will have their welfare payments shaved from tomorrow as the Government continues to wind back coronavirus assistance.

The coronavirus supplement — a top-up payment for more than a million welfare recipients — will decrease from $125 per week to $75 per week on January 1 and it will disappear entirely on March 31. It was as high as $275 per week between April and September. Analysis by the Grattan Institute found the coronavirus supplement, at its peak, lifted those on unemployment benefits above both the relative poverty line — equivalent to 50 per cent of the median income — and the Henderson poverty line. It was the first time in more than 20 years that Australian welfare payments had exceeded either poverty measure. Source: ABC News