The RBA’s top dog, Dr Phillip Lowe, said this week, that as a society, “…what level of support do we want to provide to people who don’t have a job? … my own view is that some increase is justifiable.”

The Reserve Bank governor said, “It’s not a macroeconomic management issue, it is a fairness issue,” he told the National Press Club.

About one million Australians currently rely upon the JobSeeker payment (really closer to 2 million).

But the payment will revert to $565.70 a fortnight or $40 a day on March 31 when the government ends the coronavirus welfare supplement, as well as the JobKeeper wage subsidy program.

Those one million unemployed Australians are set to lose $150 a fortnight.

As a big reader of my resume writing blog, the head of the RBA knows that I’ve advocated for raising the dole for ten years, most recently here.

While many in the business, economic and welfare sector have long argued for JobSeeker to be permanently increased on economic grounds, the nation’s chief numbers man went to that most Australian of values – fairness.

Politically, Dr Lowe made it politically untenable for the Morrison government to ditch the coronavirus supplement and take JobSeeker back to its pre-virus level.

Is it fair for more than one million people to survive on $40 a day?

Of course it’s bloody not!