The nation's recovery out of the coronavirus recession faces a $350 million a week hit from Thursday when the Morrison government slashes a special supplement paid to more than 2.2 million welfare recipients.
The $550 a fortnight coronavirus supplement, paid to people including those on on JobSeeker, Youth Allowance, Austudy, the parenting payment and the widow allowance, will be reduced to $250 a fortnight. Click here to read the full SMH article.