The JobKeeper program is set to finish at the end of March.
“Obviously for many people that appears to be troubling,” Mr Charlton told Sky News host Peta Credlin. “It will be a speedbump for sure. “But it’s one that the Australian economy should be able to manage through.”
Source: Financial Digest (financialdigest.net)
Well, it is going to be a crash for those on Job Keeper with credit obligations moving to a Job Seeker below the poverty line and with only a 50 dollar per fortnight raise from a level in real terms set in 1994.
Poor Harvey Norman, now they will only make $300 million profit this quarter 😢
That 'speedhump' are workers who will lose their jobs.