The Conversation

$1500 a fortnight JobKeeper wage subsidy in massive $130 billion program

30-03-2020 Author: Michelle Grattan, Professorial Fellow, University of Canberra

The Morrison government will provide a flat $1,500 a fortnight JobKeeper payment per employee for businesses to retain or rehire nearly six million workers, in a massive $130 billion six-month wage subsidy scheme to limit the economic devastation caused by the coronavirus.

Describing the initiative as “unprecedented action” for...

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