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New RBA report reveals how important JobKeeper has been during the coronavirus recession – NEWS.com.au
New RBA report reveals how important JobKeeper has been during the coronavirus recession
Job losses would have doubled during the coronavirus pandemic if the federal government did not implement the JobKeeper wage subsidy scheme, according to a new report. Treasurer Josh Frydenberg said the JobKeeper discussion paper published by the Reserve Bank of Australia on Monday, confirmed emergency wage relief implemented in April was a “country-saving moment”.
The RBA in its detailed review of the Morrison government’s key support initiative during the coronavirus pandemic, revealed about 700,000…
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