Business
Coalition unlikely to lift unemployment benefits when jobkeeper scrapped in March – The Guardian
Treasurer Josh Frydenberg signals sector-specific support will replace the pandemic wage subsidy but dashes hopes of rise in jobseeker payment
Josh Frydenberg has signalled the jobkeeper wage subsidy will be terminated after March, and the government will also be reluctant to bake in a permanent, significant increase to unemployment benefits.
The treasurer used an appearance on the ABC on Sunday to flag that sector-specific support, like a package for tourism, would replace the popular pandemic wage subsidy after March based on what we know today, and he declared it was time for state governments to increase their fiscal support.
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