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

He said:

In particular, it distorts wage relativities, it dampens incentives to work, it hampers labour mobility and the reallocation of workers to more productive roles and it keeps businesses afloat that would not be viable without ongoing support.

Then the Secretary of the Treasury told the committee today:

Our view is that the adjustment away from JobKeeper will be manageable, and that employment will continue to increase over the course of this year …

That is what the Secretary of the Treasury told the committee today. Their advice to the government is that JobKeeper will end and the trajectory of the unemployment rate will continue to be down over the course of the year.

We have delivered more jobs and we have helped to cushion the blow from the biggest economic shock since the Great Depression. This is what we have done. This is what we will continue to do.

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