The Australian Federal Government's JobMaker scheme provides a $200 bonus to businesses hiring staff under the age of 29 ($100 between the ages of 30 and 35), but according to Massimiliano Tani, professor of finance at UNSW-Canberra, there is a risk that some employers may use the scheme to their advantage.
Highlights
- JobMaker reportedly has no internal mechanisms to prevent abuse
- In Italy, the Economy Minister Roberto Gualtieri presents the Conte government's 40 billion euro economic plan
- Despite the pandemic, the Chinese economy has grown by 4.9%
As every Wednesday, the economic issues of the week analysed and explained to the listeners of SBS Italian by Professor Tani.
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