Sudden Jobkeeper withdrawal would hit economy like a hammer, Grattan Institute report warns

With the $70 billion JobKeeper program half way through, the federal government is being urged to phased it out gradually from late September to avoid a fresh shock in the coronavirus response. 

The Grattan Institute says more than $70 billion in stimulus will be needed to underwrite businesses and to prevent long term unemployment which could scar the economy for years.

Here's my analysis from this morning's AM program