Scott Morrison rejects speculation the Government is considering winding back JobKeeper wage subsidy
ABCPrime Minister Scott Morrison has dismissed as speculation the suggestion his Government is considering winding back its $130 billion JobKeeper program, as Australia seeks to emerge from the coronavirus pandemic sooner than expected. Key points: Scott Morrison said Australia is only six weeks into the six-month JobKeeper program Scott Morrison said Australia is only six weeks into the six-month JobKeeper program He says the Government will spend the $130 billion allocated to the program to help workers He says the Government will spend the $130 billion allocated to the program to help workers Labor is pressuring the Government to extend the program to include more workers But he's kept open the option of making changes to the wage subsidy program to ensure financial support flows to the workers who need it most. Even if businesses reopen, the Government expects many would still suffer a hit to revenue of more than 30 per cent, meaning they are likely to continue needing JobKeeper support. Having supported the $130 billion JobKeeper wage subsidy scheme, Labor now wants the Government to extend it, while also maintaining the temporary $550-a-fortnight boost to the JobSeeker unemployment benefit.