The treasurer has hinted there might be more support for the tourism sector after a $60 billion accounting error in JobKeeper payments was uncovered.
The massively underspent JobKeeper scheme won't be expanded to workers who missed out, but it could be extended beyond six months for the battered tourism sector.
Finance Minister Mathias Cormann said the wage subsidy scheme was working as expected, despite a whopping $60 billion forecasting error.
Just 3.5 million workers have been enrolled for the $1500 fortnightly payments, rather than the 6.3 million that Treasury had estimated and budgeted for.
Read more here.
Share




