Job subsidy plans are at breaking point
Prime Minister Scott Morrison has signalled the $130 billion JobKeeper program could face cost blowouts while the $14 billion JobSeeker may need to be reined in despite the biggest ever monthly collapse in employment.
After almost 600,000 jobs were lost and hours worked plunged 9.2 per cent in April, the government said it could start to reintroduce mutual obligation requirements for 1.6 million on JobSeeker payments by June 1 based on Treasury advice and the easing of COVID-19 restrictions.
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