Business
Federal government to scrap JobKeeper wage subsidy at end of March, reports – 7NEWS.com.au
The scheme was already starting to be wound back, with workers to receive less cash from next week.
Struggling businesses and workers are facing an uncertain financial future amid reports the federal government will completely scrap JobKeeper in March.
The scheme, which pays part or all of an employees wages, is likely to be replaced by a new subsidy to encourage businesses to take on more staff.
Watch the video above for more about the government ditching JobKeeper
The decision to cut JobKeeper will be revealed in the upcoming budget to be handed down by Treasurer Josh Frydenberg on Octobe…
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