"What would you do with an extra $18,500 a year?
No strings attached, completely free.
Would you put it towards your car? Maybe it'd help pay your rent, or put
more food on the table each week? Or would it go into your travel
budget, or savings for a house?
It almost sounds too good to be true - but it's an idea inching closer
to reality, thanks to new research from Macquarie University, ANU and
the University of Sydney.
The academics behind it are calling this payment an Australian Basic
Income - a concept very similar to something you might have heard
before: a universal basic income (UBI).
That's when every adult gets a standard cash payment from their
government, spread out over a year or as a lump sum, no strings attached.
It doesn't matter whether you're employed, unemployed, earning heaps or
not much at all - everyone gets it."
Share and enjoy,
*** Xanni ***
Chief Scientist, Xanadu
Partner, Glass Wings
Manager, Serious Cybernetics