The Federal Government's economic support payments have injected more than $66 million into the pockets of Bendigo residents, as the state's unemployment figure worsens.
The two stimulus payments, worth $750 each, were paid automatically to eligible recipients in March and April and again in July.
Age pensioners, carers, pensioner concession card holders and people receiving a disability support person were eligible for both payments.
The initial payment was made to a broader cohort, including those receiving Newstart, Youth Allowance and JobSeeker payments.
A total of 89,214 payments were delivered to residents of the Bendigo electorate, totalling $66,190,500.
The imminent reduction in JobSeeker and JobKeeper payments comes as 42,400 fewer Victorians were employed in August.
Australian Bureau of Statistics data released on Thursday revealed Victoria's unemployment rate has increased from 6.8 per cent in July to 7.1 per cent in August.
All states and territories except Victoria recorded increases in their numbers of employed people.
Senator for Victoria Sarah Henderson said stimulus payments have made a massive difference to people doing it tough in Bendigo.
"I know a lot of people are doing it tough and I have been fighting hard to make sure our community remains supported through the pandemic," Senator Henderson said.
Bendigo MP Lisa Chesters said the government is trying to distract from the fact they are cutting JobKeeper and JobSeeker payments later this month.
"I want to know how much locals will lose collectively when the government's cuts to JobKeeper and JobSeeker take place," Ms Chesters said.
The latest Treasury data reveals 10,213 people in the Bendigo electorate are receiving JobSeeker and Youth Allowance payments and 4647 JobKeeper claims have been made.
From the end of September until January, JobKeeper will be reduced to $1200 per fortnight for full-time workers and $750 for people working 20 hours or less.
The current JobKeeper rate is $1500 per fortnight for all workers.
The JobSeeker rate, which includes a base rate and additional Coronavirus Supplement, is also set to change.
The Supplement will be cut by $300, making the total payment $800 per fortnight, compared to $1100.
Treasurer Josh Frydenberg said the government is providing an unprecedented level of support, with $314 billion invested to keep businesses in business and Australians in jobs.
"In addition to JobKeeper and other measures, the government's two $750 economic support payments have injected almost $9 billion into the economy," Mr Frydenberg said.
Now is not the time to make cuts to wage subsidy and welfare payments, Ms Chesters said.
"Our restrictions have just eased and people are being encouraged to get out and spend locally," she said.
"It is bad timing and the Treasurer has the power to delay these cuts.
"We are in the middle of a pandemic and health crisis and the government should be doing all it can to save jobs and support local businesses."