Josh Frydenberg, Australia’s treasurer, has said that Jobkeeper was a temporary program, devised to last until March this year. Australian people are putting pressure on the government to extend the Jobkeeper scheme as the lockdowns and border closures are still in place.
So far, Jobkeeper has given $77bn to businesses. Australia’s treasurer, Josh Frydenberg, said that although this scheme will soon come to an end, Australians will continue to receive other means of support from their government.
“JobKeeper was always intended to be a temporary program. We extended it for another six months but it is a program that goes until the end of March.”
Mr. Frydenberg stated that government will introduce tax cuts, support for the tourism and aviation industries, HomeBuilder and JobMaker hiring credit programs in order to help its people.
Cotton On CEO Peter Johnson said that Jobkeeper helped his company to weather the storm last year:
“In Australia we had all of our 650 stores closed at one point in time so to have the support of the federal government during that period was incredible. When we closed stores customers shifted to our online business, when we reopened they’ve gone back to shopping centers. We’ll focus on what we can control and we know that if we produce the right product and the customer wants it in the right way then we will be okay.”
Opposition treasury spokesman Jim Chalmers has criticized the government’s decision to end the Jobkeeper scheme, believing that nation’s leaders are out of touch with reality.