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Why there won’t be any crash at the bottom of this fiscal cliff

Three key measures - JobKeeper, JobSeeker in its current form, and insolvent trading relief laws - all come to an end in just over a month. Should you be afraid?  

Matthew Cranston
Matthew CranstonUnited States correspondent

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It is said that 80 per cent of plane crashes happen within the first three minutes of a flight or in the last eight minutes before landing.

And so it is with the COVID-19 economic crisis that with key fiscal stimulus measures coming to an end, people have become seriously concerned about the risks of crashing the recovery.

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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/policy/economy/why-there-won-t-be-any-crash-at-the-bottom-of-this-fiscal-cliff-20210217-p57388