Concern JobKeeper has created 'zombie firms' that will never recover from coronavirus shutdowns

 JobKeeper payment

JobKeeper payment今起停发 Source: Getty Images

More than 910,000 Australian businesses have registered for JobKeeper to keep paying their workers, but some will never reopen.


There are concerns the JobKeeper scheme is propping up unviable businesses known as "zombie firms" that won’t survive once the government support is removed. 

The term refers to companies that are being kept on life support by the federal government’s $1,500-a-fortnight wage subsidy and are likely to collapse once it is withdrawn, even as life returns to normal in Australia. 

Read the full article in English here.

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