Monday, March 29, 2021

Monday Finance - JobKeeper end push up to 150,000 Australians out of work

The federal government's $90 billion JobKeeper wage support scheme has officially ended in what's likely to be a uncertain new chapter in Australia's recovery from the pandemic-induced economic crisis. 

While the latest official data shows more people exited JobKeeper last month, Treasury estimates up to 150,000 jobs could be lost in the coming months as employers make hard decisions on how many roles they can afford to retain. 

ABC's Peter Ryan also looks at the mega container vessel stuck in the Suez Canal and an uncertain future for AMP chief executive Francesco De Ferrari. 


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