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ASX 200 jumps 2.6% on vaccine hopes and jobkeeper – Motley Fool Australia
The S&P/ASX 200 Index (ASX:XJO) has jumped 2.6% today on hopes regarding the vaccine as well as an extension of jobkeeper.
The S&P/ASX 200 Index (ASX: XJO) rose by 2.6% today with jobkeeper being extended as well as promising vaccine news from the UK.
The Morrison government has announced that jobkeeper will be extended, but at a reduced rate. The $1,500 per fortnight payment will reduce to $1,200 after September and then to $1,000 per fortnight in the first three months of 2021. Businesses will have to show a continued drop in turnover to qualify. The jobseeker coronavirus payment will also reduce.
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