An independent audit of Jobkeeper by the Australian National Audit Office (ANAO) has found the federal government largely implemented the pandemic support scheme effectively while having some shortcomings. The federal government created the JobKeeper scheme at the beginning of the COVID-19 pandemic to keep Australians employed by supporting impacted businesses with payments of $1,500 (US$1,144)…
JobKeeper Scheme Delivered Effectively Despite Shortcomings: ANAO Report
April 5, 2022
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‘Not the Time’: Victorian Industry Groups Criticize Sick Pay Guarantee For Casual Workers
March 14, 2022
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Victoria’s industry groups have criticised the Andrews Government’s new Australian-first “sick pay guarantee” scheme for casual workers as not “necessary.” “Now is not the time for another cost to taxpayers when casual workers already have additional loading catered for their hourly wage,” Paul Guerra from Chief Executive from Victorian Chamber of Commerce and Industry said…
Industry Groups Urge Senate Against Publishing ‘Name and Shame’ List of JobKeeper Recipient Businesses
Industry groups have warned against calls to reveal the names of all large employers who received JobKeeper payments despite recording profits. Independent Senator Rex Patrick passed a motion, with the support of Labor, ordering the disclosure of all large companies who received the wage subsidy, how much they received, and how much they paid back,…
“It’s Gonna Be Quite Awful”: Sydney’s Small Businesses Say Lockdown Repressive
July 22, 2021
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Small business owners are bearing the brunt of Sydney’s three-week lockdown, with one worker calling the restrictions communistic as the new measures mean many in the retail, hospitality and construction sectors can not work until the end of the month. Nam Nguyen, the owner of a barbershop in the heart of Fairfield, which has emerged…
Up to 250,000 Feared Jobless as Largest Wage Subsidy in Australian History Ends
A potential 250,000 people could be on unemployment benefits after the JobKeeper wage subsidy officially ended on March 28, according to the Australian Council of Social Service (ACOSS). The JobKeeper program, which ran for just over a year, supported businesses significantly affected by the CCP virus by providing financial aid so businesses could keep staff employed throughout…
End of JobKeeper Leaves Economists Watching Economic Outlook
Economists are going to be watching how the economy develops in the coming weeks and months following the end of a major support package that steered the economy through the COVID-19 recession. The JobKeeper wage subsidy officially ended on Sunday, potentially leaving up to 150,000 people without a job, according to Treasury. There is great…
Queensland Premier Call for JobKeeper Extension Is ‘Petty Politicking’: Frydenberg
The Queensland Premier’s repeated calls for an extension to JobKeeper is “petty politicking”, as the next stage of targeted economic support is already under consideration, the Australian Treasurer says. Premier Annastacia Palaszczuk has continued to ask for an extension to JobKeeper, saying Queensland’s tourism industry will be severely affected once payments stop on March 28….
Successful JobKeeper Program ‘Has to End’ in March: Frydenberg
Australian Treasurer Josh Frydenberg remains firm that the JobKeeper wage subsidy “has to end” in March as planned. He said a Treasury review found JobKeeper is having perverse incentives on the employment market. In particular, it is preventing workers from moving freely between jobs. “This successful and expensive program must end, but other policies will fill…
Treasurer Avoids Making New Job Prediction
Josh Frydenberg says the Australian labour market has outperformed expectations but he has declined to make a new prediction on the outlook for unemployment until the May budget. But he remains adamant the JobKeeper wage subsidy will end in March as planned, even though he concedes some regions in Australia are still doing it tough….
Australian Treasurer Welcomes Businesses Repaying JobKeeper
The federal treasurer Josh Frydenberg has acknowledged the Super Retail Group’s decision to voluntarily return its $1.7 million JobKeeper subsidy after posting a record half-year profit but said paying back the handout is not a legal obligation. The move by the group that owns brands, including Supercheap Auto, Rebel Sports, BCF outdoor and Macpac, was…
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