Labor wants JobKeeper to be slowly tapered

Anthony Albanese (Facebook Anthony/Albanese)

Labor leader Anthony Albanese will call for a slow “taper” in JobKeeper payments for millions of Australians, as the Morrison Government prepares to revamp the scheme. Source: Sydney Morning Herald.

Mr Albanese said Labor would be “constructive” on changes to the $70 billion wage subsidy but would oppose any sudden halt to income support for those in need.

One week out from the Government’s July 23 economic statement, the Opposition Leader also called for a permanent increase in the JobSeeker benefit on the grounds it would help the economy as well as the unemployed.

Labor called for a wage subsidy in the weeks before Prime Minister Scott Morrison announced JobKeeper on March 30, leading Mr Albanese to position his party as a defender of the scheme and an advocate for continued support.

The key principles in the Labor approach are being described as the “three Ts” because they call on the government to “test, target and taper” the payment, which is worth $1500 per fortnight and is due to end on September 27.

Mr Albanese said the Government should test the new policy plan, make sure the payments were targeted to those who needed the help most and taper the end of the support over a long period.

FULL STORY

Labor wants JobKeeper to be slowly tapered, will oppose sudden halt (By David Crowe, Sydney Morning Herald

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