House debates
Thursday, 3 September 2020
Questions without Notice
JobKeeper Payment
2:15 pm
Josh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Hansard source
The reality is he's not interested in this issue. We have 3½ million Australians who are receiving JobKeeper. The program has been costed at $101 billion and the program is tapering over time. Even the member for Rankin himself has said we should be looking at a kind of tapering.
Mr Albanese interjecting—
The member for Grayndler interjects. This is what the member for Grayndler said on the Today show about JobKeeper:
… there will need to be some form of tapering off.
Karl Stefanovic asked the question of the member for Grayndler:
What does that look like?
The member for Grayndler replied:
What it will look like is going down over a period of time …
That is the reality of what is occurring with the expansion and the extension of JobKeeper. Originally legislated for six months, it's now going for an additional six months. At $1,500 currently, it goes to $1,200 in the December quarter and it goes down to $1,000 in the March quarter. The reality is this program is supporting millions of Australian workers right around the country. It's a remarkable program. It continues to do a remarkable job and it helps to keep Australians in work.
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