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Firing from Monday: How the end of JobKeeper will hurt some

Matthew Cranston
Matthew CranstonUnited States correspondent

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Independent travel agent Michael West is preparing to do what every employer dreads: sacking their staff.

The end of the government’s $90 billion JobKeeper scheme on Sunday means the West’s Sydney-based business, which had been running profitably for more than 10 years before COVID-19 struck, just cannot hold on to employees. Revenues are still down 94 per cent.

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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com

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    Original URL: https://www.afr.com/link/follow-20180101-p57e5v