More than one-third of the Australian workforce is currently receiving government wage subsidies, Sky News Political Editor Andrew Clennell says. Treasurer Josh Frydenberg is set to address the National Press Club on Tuesday, where he will outline the impact the policy has on more than 4.4 million workers. Mr Clennell said the Treasurer will use the address to stress the temporary nature of the program.
“It is expected he will stress that the measure is for six months and six months only,” Mr Clennell said. "Overall there have been 749,000 applications, of which 40 per cent are from sole traders and 39 per cent are from companies. "Perhaps surprisingly, 14 per cent of workers covered are from construction, 15 per cent are from professional scientific and technical services and 14 per cent, as you would expect, are from retail and accommodation and food services.
aclennell Don't believe mass media statistics.
aclennell Incorrect as business owners have paid employees on JobKeeper for 5 weeks out of their own funds. Money that is still yet to be paid to the employers. No subsidy has so far been repaid to employers. Nice try though.
aclennell Winners & Losers {US data}
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