Number of Australians on JobKeeper revised down by 3 million due to 'significant' reporting error

Treasury has revealed the number of Australians receiving the JobKeeper allowance has been grossly overestimated.

Mweka hazina wa taifa Josh Frydenberg Source: SBS

The number of Australians receiving JobKeeper support payments during the coronavirus pandemic has been revised down from 6.5 million to 3.5 million. 

Treasury and the tax office revealed the reporting error in a joint statement on Friday afternoon. 

The error means the estimated cost of the scheme has been reduced from $130 billion to $70 billion. 

Read the full article in English here.