Josh Frydenberg (Kooyong, Liberal Party, Treasurer) Share this | Hansard source

I can confirm that the unemployment ticked up to 6.9 per cent and that it is expected, by Treasury and, indeed, the Reserve Bank, to actually increase between now and the end of the year, up to around eight per cent, but, by mid next year, to be 7¼ per cent.

The member for Rankin did refer to JobKeeper, and what was implicit, and actually explicit, in his question was the tapering of JobKeeper, and I need to remind the House, in that context, that the tapering of JobKeeper has been supported and advocated by the Leader of the Opposition and by the honourable member for Rankin. And I repeat: on ABC's The Business, he was asked how long the tapering should be, and he said: 'They should be looking at a kind of tapering.' And I refer to the Leader of the Opposition, who, when he was asked: 'Would you extend JobKeeper and extend—

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