The Federal Government is leaving the door open to changing the rate of vital Commonwealth income support, with the Victorian coronavirus crisis biting hard and fuelling concerns the nation’s economic recovery will be delayed for many months.
The JobKeeper wage subsidy and the JobSeeker unemployment benefit are due to change at the end of September, tapering off in line with the Federal Government’s hopes the economy will start to recover from COVID-19.
Finance Minister Mathias Cormann argued the Federal Government had shown it was “flexible” for many months, as it dealt with the “rapidly evolving and fluid situation”.
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Read more here: https://www.abc.net.au/news/2020-08-09/federal-government-open-to-jobkeeper-tweaks-coronavirus-covid19/12539036
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