Treasurer Josh Frydenberg has told Sky News 1.3 million Australians will still be on JobKeeper when it wraps up next month. “You can only go on what treasury had forecast which was around 1.3 million people,” Mr Frydenberg told Sky News.
Mr Clennell said the figure is 10 per cent of Australia’s 13 million workers. “We’ve previously flagged how the government is expected to come up with a stimulus package to replace JobKeeper,” he said. "Looking at that, they would want to or things could really come off a cliff given the numbers of workers, 10 per cent of Australia’s workers subsidised by government at the moment.”
JoshFrydenberg The Treasurer JoshFrydenberg Is on jobkeeper himself just an obscenely larger one... Work load = maybe 3 parliamentary meetings a year?
JoshFrydenberg No other form of financial assistance should be provided to VirginAustralia ScottMorrisonMP M_McCormackMP & JoshFrydenberg. A market solution was found in the form of BainCapital to 'rescue' VirginAustralia. Not forgetting richardbranson either who cash reserves to burn.
JoshFrydenberg How many of those Victorians. I’m going to take a hunch and say most.
JoshFrydenberg Wow
JoshFrydenberg
JoshFrydenberg All in Melbourne?!
JoshFrydenberg April will be small business Armageddon in Melbourne.
JoshFrydenberg Not really stopped then, is it. Not so good with budgets is old mate Josh.
JoshFrydenberg JoshFromUnAccountables AGAIN has ....
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Ending JobKeeper in March 'the right call' | Sky News AustraliaDeloitte Access Economics’ Chris Richardson says terminating JobKeeper at the end of March was the right call as the “red hot” labour market sees jobs return.\n\n“It was a tough call but absolutely the right thing to do,” Mr Richardson told Sky News.\n\n“We had a whole lot of emergency spending to help the economy on the way through, the bulk of that is now in the rear view mirror.”\n\nHe said Australia is the only one of the rich countries that has more jobs today than when the virus first hit.\n
Source: SkyNewsAust - 🏆 7. / 78 Read more »
‘Really troubling’ report reveals millions may have been wasted on JobKeeper | Sky News AustraliaLabor MP Andrew Leigh says a “really troubling” report reveals around a fifth of JobKeeper payments made to major listed companies in the second quarter of 2020 may have gone to firms with rising profits. \n\n“JobKeeper was mean to keep battlers in jobs, not to have money flowing to billionaire shareholders who could buy their next yacht,” he said. \n\n“This new report shows really troubling findings about the extent to which JobKeeper was going to firms whose profits were rising. \n\n“Think of firms like Harvey Norman or Premier Investments, big retailers who saw their best ever sales in 2020, firms like that didn’t need JobKeeper.\n\n“This report suggests that about a fifth of the money could have been going to firms with rising profits. \n\n“We only know about the listed companies because the government hasn’t released the rest of the information but if this is true across the entire program … that means more than $10 billion is wasted”.\n\nMr Leigh told Sky News if the reports are correct, the more than $10 billion which wasted could have been used to extend JobKeeper for another six months for the benefit of struggling businesses. \n 80% successful application then...not a bad result really Where's is the business ROBODEBT Get our tax payers money BACK!. ScottMorrisonMP JoshFrydenberg AlboMP JEChalmers newscomauHQ theage abc730 ACurrentAffair9 2GB873 Politics_SMHAGE couriermail 7NewsBrisbane 9NewsSyd 9NewsAdel 9NewsPerth abcnews auspol They don't pay PWC the big bucks for nothing
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Scott Morrison says more must be done for young people as unemployment rate fallsPrime Minister Scott Morrison says more must be done to bolster Australia's economic recovery from the coronavirus recession as unemployment figures fell to the lowest level since the pandemic struck. Extend apprenticeship schemes to retail & hospitality & help kids get on the career ladder. Breaking: In an effort to support ScottysPMKeeper, today’s jobless numbers have been manicured to have them looking their best. The definition has now been reduced to half hour paid work a week is a job. Send them to the fruit farms
Source: SBSNews - 🏆 3. / 89 Read more »
JobKeeper was an 'economic lifeline in Australia's moment of crisis' | Sky News AustraliaTreasurer Josh Frydenberg says JobKeeper was an “emergency measure” which was always going to come to an end. \n\n“It was a temporary measure, it was an emergency measure, it was always going to coming to an end and we continue to create more jobs,” he said.\n\nMr Frydenberg said JobKeeper was an “economic lifeline” in Australia’s “moment of crisis” as the COVID-19 pandemic was just beginning.\n\n“We need to acknowledge what a remarkable program it was been and we need to remember that when the PM and I announced the program on the 30th of March last year Australia was staring into the abyss where treasury could see a situation where unemployment could reach 15 per cent.”\n\n“JobKeeper was an economic lifeline in that moment of crisis on it saved more than 700,000 jobs according to the Reserve Bank of Australia.”\n JoshFrydenberg Treasurer JoshFrydenberg ... JobKeeper was always going to be a Fizzer. It’s all about DonorKeeper, LNP survival and Jobs Jobs Jobs for members after politics. JoshFrydenberg That is a fair argument if industries struggling directly due to international border closures are still supported the problem is all those going from Job Keeper to Job Seeker going to a poverty rate raised 100 dollars per month on a rate not raised in a quarter of a century. JoshFrydenberg Why can't people understand that
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Calls to extend JobKeeper grow after Victoria’s lockdownVictoria's latest lockdown is fuelling debate about the future of JobKeeper and the rate of the dole payment JobSeeker. A cynic would say the 5 day lockdown has been designed by Dan to get Job Keeper extended The Federal Government has no compassion those on job keeper will be pushed on to job seeker at $40 per day The the new unemployed welcome to poverty So Victoria wants a bailout by the Federal government due to the Andrews Government incompetence?
Source: theage - 🏆 8. / 77 Read more »