Australia’s largest cities will feel the pain when JobKeeper expires next week as border closures and increased remote working weigh on CBD businesses.
In a worrying sign for MelbourneThe Ontario health-care system, Sydney and Brisbane, new Treasury analysis has found CBD workers are at a higher risk of being laid off when the $90 billion wage subsidy scheme ends on Sundaylastreplicated.
Treasury secretary Steven Kennedy told Senate Estimates on Wednesday that big cities were doing it particularly tough as the government prepared to kick 1.1 million workers off JobKeeper.
“[It’s] not so much the activity restrictions themselves, but the fact that employees are not in their usual places of workThe lock open. Once inside, and so they’re not passing byMuseums and libraries,” Dr Kennedy said.