Business
Employers brace for March ‘insolvency cliff’ as JobKeeper enters final months – Sydney Morning Herald
Bankruptcy protections have now finished, but the looming JobKeeper deadline could be the trigger for many companies.
The federal government has consistently said the plan for the wage subsidy scheme was for it to be “temporary” and has not committed to any extensions beyond March, but Labor has criticised any reduction in support when the latest outbreaks and border restrictions are not yet resolved.
Mr Coghlan listed the end of JobKeeper, mortgage deferrals and rental protections as among the reasons businesses will find it difficult to make ends meet. Tourism industry groups have asked for an extension to support…
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