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Showing 1 - 10 of 100+ results for "JobKeeper"

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
... disproving earlier apprehensions that around 100K-150,000 Australians would lose employment after the government's JobKeeper scheme ended in March. My back of the envelope calculations shows that a total of 256,000 jobs have been created in the first ...

Chief economist update: Australia on top

BENJAMIN ONG  |  THURSDAY, 3 JUN 2021
... is 6). Note that the survey was taken after reports of delays in Australia's vaccine roll-outs and the end of the JobKeeper scheme at the end of March and before the Australian Federal Treasury's spending splurge announced in the 2021/22 Budget. ...

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... economy more than A$1B (some estimates of up to A$2B), with the effects compounded by the absence of support measures like JobKeeper". If all goes well, this newly-imposed seven-day lockdown would go the same way of the five-day lockdown imposed only ...

Superannuation assets hit $3.13tn

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... $561.8 billion experienced single-digit growth of 6% and 8% respectively. During the quarter, when the government's JobKeeper program ended, employer contributions of $24 billion decreased by 1.1%. The latest Australian Tax Office's statistics show that ...

Chief economist: What JobKeeper cliff?

BENJAMIN ONG  |  FRIDAY, 21 MAY 2021
... has been proven time after time but more recently in the Australian Federal Treasury's prediction of life after JobKeeper. Speaking before the Economics Legislation Committee on March 24, treasury secretary Steven Kennedy warned that between 100,000 ...

Chief economist update: Confidently sustaining the recovery

BENJAMIN ONG  |  WEDNESDAY, 19 MAY 2021
... non-farm business sector." This was after reports of delays in Australia's vaccine roll-outs and the end of the JobKeeper scheme at the end of March. ...and more, much more than this, the survey was conducted before the federal Treasury's spending ...

COVID support temporarily improves inequality

KANIKA SOOD  |  MONDAY, 17 MAY 2021
... is likely to be temporary. It reflects, among other things, government support directed towards young people through JobKeeper and JobSeeker payments, which ended in March this year." The index considers 24 indicators (economic, housing, social, health ...

Australia is coming back: Frydenberg

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
... "[...] unprecedented support is seeing the country through the biggest global economic shock since the Great Depression. JobKeeper kept 3.8 million people in their job. JobSeeker helped 1.5 million people without work." However, the treasurer said the ...

Chief economist update: A date with the RBA in July

BENJAMIN ONG  |  WEDNESDAY, 5 MAY 2021
... to be cut and dried. With the domestic economy's outlook getting betterer and betterer - despite the end of the JobKeeper - the RBA, along with the Federal government - cannot be faulted for declaring its battle against the pandemic "Mission Accomplished". ...

ERS spending revealed

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 APR 2021
... in September 2020 - when compared to 12 months prior. "Around one in five households (19%) had someone receiving the JobKeeper payment through their employer, or in their own business. Half these households owned their dwelling with a mortgage, while ...
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