Coronavirus: Slashing JobKeeper is premature and could smash the economy, Deloitte warns – NEWS.com.au

Treasurer Josh Frydenberg has hit back over warnings his decision to slash JobKeeper today by $300 is a big mistake that will smash the economy.Respected analysts Deloitte Access Economics have criticised the decision as premature today, suggesting it will create a “cash crunch” for the economy.
“The emergency Band-Aids are starting to come off – a little earlier than we’d have liked,” Deloitte’s Chris Richardson said.
“So both families and businesses are set for a big cash crunch between now …

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