Via the AFR:
The Morrison government will revamp and extend the JobKeeper program beyond September but struggling business owners are being cautioned to think twice before signing up again because it might send them broke.
The small business lobby and the government are aware that workers who have been kept on the books using the $1500-per-fortnight wage subsidy have continued to accrue annual leave and other entitlements.
Should the business owner decide at some stage to let the workers go because the business will not bounce back, these entitlements will have to be paid out from cash reserves or from dwindling or non-existent profits.
COVID is structural change. Time to scrap DoleHider and get everyone onto a boosted dole so that we can deal with unemployment out in the open.
