Business
Report finds Aussies keen to save tax cut money
In many ways, 2020 has been a year of paradigm shifts when it comes to saving and spending money. On the one hand, we have had the coronavirus pandemic, which shuttered countless businesses, even entire industries, for months on end earlier in the year. Unemployment spiked, with uncertainties over the future of our economy still with us today.
On the other, 2020 has seen an unprecedented level of government spending in the economy. Think back to 2019, and the idea of a government-funded employment subsidy of $1,500 a fortnight seemed ludicrous. And yet that’s what we’ve seen this year with the JobKeeper program, which has been credited with saving thousands of jobs during the worst of the lockdowns. On top of that, we have also…
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