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”.
Continue reading…
Leave a Reply