Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Underspent JobKeeper won't be expanded, but tourism sector could get further support

Treasurer Josh Frydenberg

The treasurer has hinted there might be more support for the tourism sector after a $60 billion accounting error in JobKeeper payments was uncovered.


Published

Updated

By Stergos Kastelloriou

Source: SBS




Share this with family and friends


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.


Latest podcast episodes

Follow SBS Greek

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

Greek News

Watch it onDemand

Watch now