Coalition tweaks jobkeeper scheme again amid Covid second wave in Victoria
by Katharine Murphy and Daniel Hurst from on (#56KVH)
Ahead of Friday's national cabinet meeting, the expenditure review committee signs off on changes that will cost $15.6bn
The Morrison government has tweaked the eligibility requirements for the jobkeeper wage subsidy only three weeks after cutting the payment in an attempt to save businesses and jobs at risk because of the deteriorating outlook in Victoria.
Ahead of Friday's national cabinet meeting, and after new Treasury analysis underscored the hit to the national economy from the second wave of coronavirus infections in Victoria, the expenditure review committee of cabinet signed off on the jobkeeper overhaul late on Thursday.
Continue reading...