Coalition hints at ‘further adjustments’ to jobkeeper as Labor accuses it of breaking promise

Posted by on June 9, 2020 4:39 am
Categories: Global Stories

Mathias Cormann describes $60bn discrepancy as an ‘estimates variation’ as PM warns of ‘difficult decisions’ looming

Mathias Cormann has indicated the government may make “further adjustments” to the $70bn jobkeeper program as Labor continues to target the Coalition for breaking a promise by withdrawing the wage subsidy from 120,000 childcare sector workers.

On Tuesday the finance minister fronted the Senate Covid-19 committee to explain the $60bn discrepancy in the projected cost of the program, which he described as an “estimates variation” and for which the Treasury secretary, Steven Kennedy, said he took “full responsibility”.

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