Treasurer Josh Frydenberg has hinted at who might benefit from the $60 billion cash left over from the massively underspent JobKeeper scheme.
The program, which was designed to keep people connected to workplaces smashed by coronavirus restrictions, will be reviewed next month.With people returning to work and school across Sydney this week an expert has warned there will likely be chaos on public transport.
Transport and logistics expert Dr Geoffrey Clifton warned commuters trains and buses “will be a nightmare” on Monday. New measures introduced by the NSW government mean that buses will be limited to 12 people and trains will be restricted to 32 people per carriage.Australia has now recorded more than 7109 cases of COVID-19 with 102 deaths. Cases include 3089 in New South Wales, 1605 in Victoria, 1056 in Queensland, 439 in South Australia, 560 in Western Australia, 226 in Tasmania, 107 in the Australian Capital Territory and 30 in the Northern Territory.
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Labor demanding answers about $60 billion JobKeeper 'blunder'A Labor-led coronavirus parliamentary committee will seek to compel Treasurer Josh Frydenberg to explain how the Federal Government overestimated the JobKeeper wage subsidy program by $60 billion.
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Coalition divided over $60 billion JobKeeper windfallThe Morrison government will consider giving more help to workers who have been hit hardest by the coronavirus crisis.
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Coalition divided over $60 billion JobKeeper windfallThe Coalition is staring down calls to extend the emergency wage boost to more casual workers but will use an imminent review of the scheme to canvass whether key industries need extended help.
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JobKeeper error sparks division over additional $60 billion | Sky News AustraliaWorkers hardest hit by the coronavirus crisis could be given further government assistance as the Coalition grapples with internal division over what to do with a $60 billion recalculation of the JobKeeper program. \n\nThe Morrison Government is fending off calls to extend the wage boost to casual workers who were initially excluded by the program. \n\nNine Newspapers has reported, however, the government has no plans to extend the scheme to universities, state-owned companies or casuals who have been with a company less than 12 months. \n\n
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How do you mop up a $60 billion mistake?Prime Minister Scott Morrison sounds ready to put a $60 billion costings blunder to good use.
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$60 billion Treasury error sparks spending debate | Sky News AustraliaDebate is raging over what the government should do with the $60 billion dollar windfall from the JobKeeper bungle. \n\nA significant reporting error led Treasury to dramatically revise its projections for the Morrison government's JobKeeper program. \n\nThe scheme, which sees the government pay $1,500 fortnightly in affected workers' wages, was originally expected to cover around 6.5 million employees at a cost of $130 billion. \n\nThe Treasury and Australian Tax Office were forced to admit those projections were wrong and the revised estimate of the cost of the JobKeeper program is now just $70 billion which is $60 billion less than the original forecast.\n\nUnions want the payments extended to more workers, while the government says the error will mean the burden of debt can be reduced. \n\nLabor and unions are placing pressure on the Coalition to use the money to extend the JobKeeper program to individuals previously excluded from payments such as casuals who had been in the job for less than 12 months and temporary visa holders.\n\nThere has also been a push to use the money to permanently increase the dole. \n\nImage: News Corp Australia
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