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…
-
Noosa News24 hours agoMajor crash on Gateway Motorway snarls morning commute
-
Business21 hours agoThis ASX 200 mining stock is eyeing the lithium throne
-
Noosa News19 hours agoDriver arrested after life-threatening hit-and-run on outskirts of Ipswich, Queensland
-
General22 hours agoTrump threatens Aussie medicines with bitter tax pill