Wage subsidy’s other big flaw: inadequate business cash flow

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So, the Fact Sheets on the Morrison Government’s “Job Keeper” $1500 a fortnight wage subsidy have been released and, as expected, they are overly complicated.

For mine, there are four major issues with the scheme’s set up.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.