The key to the success of the $130 billion wage subsidy is retrospective paid work
- Written by Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University
The secret sauce in the government’s A$130 billion JobKeeper payment is that it will be retrospective, in the best possible way.
It’ll not only go to employers who have suffered losses and had employees on their books tonight, March 30, but to employers who have suffered losses and had workers on their books as far back as March 1.
This...
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