SENATE ESTIMATES WRAP UP - MALARNDIRRI MCCARTHY AND JENNY MCALLISTER
The Government is planning to increase the Liquid Assets waiting time from a period of 13 weeks to 26 weeks. It means it's going to particularly impact Australian workers who are made redundant and people who have spent all of their working lives in the same industry. They'll be forced to wait up to 6 months before they can access support. This is not good enough. We think it will affect 10,000 Australian workers who are over the age of 55.