Govt shoots down JobKeeper expansion

The government will not move to broaden the definition of JobKeeper despite the $60 billion saving, Sky News Chief Anchor Kieran Gilbert says. The government on Friday revealed a costing error by Treasury meant the wage subsidy scheme was initially forecast $60 billion higher than was required. It is now estimated the JobKeeper program will cost the government $70 billion and will cover about 3.5 million workers. Mr Gilbert said senior government sources indicated the scheme would not be widened and they viewed the revised forecast as a good thing. “They see this as a positive, that the debt burden will be less.” Via news.com.au — Australia’s #1 news site https://www.news.com.au