Labor MP ridicules universal basic income push and says it would worsen inequality

Labor MP ridicules universal basic income push and says it would worsen inequality

The Labor MP Jim Chalmers has ridiculed the push to introduce a universal basic income in Australia, saying it would be a “backward step” for workers that could increase inequality and cost the budget billions.

His criticism of the concept puts him squarely alongside the shadow treasurer, Chris Bowen, who has been pushing back for months against internal and external calls to adopt the welfare policy .

Chalmers has cemented his critique of universal basic income in a new book, co-written with Mike Quigley, the former chief executive of NBN Co, on technological change, the labour force and inequality called Changing […]

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