Jobshocker: $60bn gaffe offers windfall
A $60bn accounting error in Scott Morrison’s historic JobKeeper scheme has handed the government a shock budget windfall.
A $60bn accounting error in Scott Morrison’s historic JobKeeper scheme has handed the government a shock budget windfall.
Australian Industry Group boss says government’s $60bn JobKeeper mistake has a silver lining, as Clive Palmer is denied entry into WA.
Mining industry rejects speculation Beijing will snub Australian resources, with demand for iron ore and coal remaining high.
Litigation funders will be forced to operate under tough new rules, as the government acts to protect businesses and jobs.
China will streamline Customs clearance of Australian iron ore from next month in a move welcomed by the Morrison government.
Trade Minister Simon Birmingham has joined the mining industry in hailing China’s ‘positive step’ on iron ore.
More than $11bn has been sapped from super funds, as deteriorating economic conditions push more than a million Australians into financial hardship.
Anthony Albanese has come under internal pressure after dismissing calls from a powerful union boss who urged the government to “hold its nerve” on China.
Labor MPs, including Bill Shorten, are backing the AWU’s call to stand up against China as Anthony Albanese refuses to endorse the comments.
Unemployment leapt to 6.2pc in April, against forecasts of over 8pc, but the figure masked a plunge in hours worked during the virus crisis.
Original URL: https://www.theaustralian.com.au/author/geoff-chambers/page/195