Support package for Sydney better and more fit for purpose than JobKeeper

By Steven Hamilton, Visiting Fellow, Tax and Transfer Policy Institute, Crawford School of Public Policy, Australian National University

The economic support package announced by Prime Minister Scott Morrison and NSW Premier Gladys Berejiklian is exactly what is needed, and just in the nick of time.

In a number of ways, in fact, it is more fit for purpose than the JobKeeper and JobSeeker policies that played such a key role in shielding the nation from the worst economic impacts of the COVID-19 pandemic.

There is support for workers who lose their jobs or have their hours cut, and incentives for affected businesses to keep their workers on the payroll.

In the face of what looks set to be an extended…

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