Mr Morrison told Parliament Labor “[sees] the COVID pandemic as some sort of opportunity to lock in endless income support, and that is not a responsible thing”.
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“We must be sure that the supports we put in place to get Australians through don’t become a barrier to them, and don’t become a barrier to those businesses to be able to attract employees,” Mr Morrison said.
The government plans to reduce the JobKeeper wage subsidy from $1500 to $1200 per fortnight for full-time workers from the first week of October, with a further cut in January until the program ends in March.
The shielding of businesses, including billions of dollars in government stimulus and wage subsidy spending, has resulted in a dramatic drop in insolvencie…
Read the full article at: https://www.smh.com.au/politics/federal/thousands-of-businesses-to-hit-the-wall-unless-insolvency-supports-extended-20200903-p55s13.html
