The $130 billion wage subsidy scheme (JobKeeper payment) explained
By Loren Webb · 31 March 2020 · Locked
By Loren Webb · 31 March 2020 · Locked
A $130 billion wage subsidy scheme has been announced to support businesses during the COVID-19 pandemic. But what does this historic plan mean for Australians and the economy?
A $130 billion wage subsidy scheme (JobKeeper) has been announced by federal government to support businesses during the COVID-19 pandemic. The plan to subside wages, known as the JobKeeper payment, is historic, with Treasurer Josh Frydenberg stating to Sky News this morning that Australia has “never seen income support like this.” Prime Minister Scott Morrison […]
Tags: coronavirus, COVID-19, Employers, job keeper, jobkeeper, subsidies, wage, wages