Labor: Extend ProfitKeeper wage subsidy scheme to all

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Labor, crossbenchers and the Greens are reportedly threatening to block the Morrison Government’s JobMaker program unless it is extended to all age groups:

Scott Morrison’s $4bn wage subsidy scheme for new employees aged up to 35 could be derailed in the Senate by Labor, crossbenchers and the Greens, with the government staring down pressure to extend its JobMaker hiring credits program to all workers…

The Prime Minister on Sunday ruled out offering any concessions to push the legislation through parliament and pressured ­Anthony Albanese to support it…

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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.