Jobkeeper expected to be extended beyond September for businesses that ‘genuinely need it’

Government now has capacity to tweak' some elements of rapidly implemented scheme, Mathias Cormann says

The finance minister Mathias Cormann has indicated the jobkeeper wage subsidy will be extended after September but in a different form, hinting on Sunday it may evolve beyond a single flat payment, and will be targeted to businesses that genuinely need it".

Cormann told Sky News the government would use an economic statement this week to move the country sequentially to a new normal", recognising that some businesses were starting to recover from the economic shock of the pandemic and some were not.