With the financial welfare of Australians uncertain, the concept of a Universal Basic Income must again be discussed. What’s more, we’re already on the right track.
Last year I published a book chapter arguing that the way to a Universal Basic Income was to expand the existing benefit system, increasing payments and removing conditionality.
This is often called a Guaranteed Minimum Income (GMI). I counterposed the GMI approach to the alternative of making a small payment to everyone in the community, and then trying to increase it over time. I suggested three initial stepsAssuming a ‘basic first’ approach is […]
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