Original article by Jennifer Duke
The Sydney Morning Herald – Page: Online : 10-Aug-20
The JobKeeper wage subsidy scheme is now expected to cost $101bn in total, after the federal government agreed to extend it beyond September at a lower rate. Finance Minister Mathias Cormann has emphasised the need to gradually phase out government support, although he has not ruled out further extending the scheme beyond March if the pandemic worsens. Labor contends that the government needs a plan to boost employment rather than focusing on the JobKeeper and JobSeeker schemes.
CORPORATES
AUSTRALIA. DEPT OF FINANCE, AUSTRALIAN LABOR PARTY
